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Which belief about competition is a myth?

Answer and explanation

Correct answer: A new enterprise cannot succeed if competitors exist

Even with competition an opportunity may exist through distinct value and better service. In exams do not treat competition as the end of opportunity.

Related tags

Competition MythDifferentiationMarket OpportunityServiceMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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