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A Firm That Is Plagued with Overcapacity, Intense Competition, or Changing

Question 43

Multiple Choice

A firm that is plagued with overcapacity, intense competition, or changing wants would do better if it pursues ________ as its major objective.


A) market skimming
B) product-quality leadership
C) survival
D) profit maximization
E) market penetration

Correct Answer:

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