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A new enterprise gains customers through personalized service in a competitive market. Which myth does this most precisely reject?

Answer and explanation

Correct answer: New opportunities disappear when competition exists

Distinct value and unmet needs can create opportunities in competition. In exams do not treat competition as the end of opportunity.

Related tags

Competition MythPersonalized ServiceDifferentiationMarket OpportunityMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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