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How Has the Global Economy Changed the Competitive Environment

Question 40

Multiple Choice

How has the global economy changed the competitive environment?


A) Suppliers are not required to reach a wide range of customers.
B) Customers now have less access to information about substitutes.
C) It has intensified rivalry by increasing product and vendor choices.
D) It has made it easier for new market entrants in all fields to penetrate the market.

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