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A new enterprise creates a position in a competitive market through a distinct service experience. Which myth is most precisely disproved?

Answer and explanation

Correct answer: New opportunities completely disappear when competition exists

Even in competition unmet needs and distinct value can create opportunities. In exams do not treat competition and opportunity as opposites.

Related tags

Competition MythDifferentiationService ExperienceMarket OpportunityMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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