1. Which market environment has only a few major companies that command the most market share?

Group of answer choices

Monopoly

Oligopoly

Perfect Competition

Dynamic Environment

2. The main objective of a Competitive Strategy is to have a strategy that can easily be copied so you know what the competition will do.

Group of answer choices

True

False

3. Which of the following needs to be considered prior to implementing your Competitive Strategy?

Group of answer choices

Competitor's future product offerings

Competitor's response

New entrants into the market

Mergers