__________ is the form of competition where distribution is the only element of the marketing mix that exerts an impact on the firm.
A)Cross-market competition
B)Limited competition
C)Pure competition
D)Monopolistic competition
E)A monopoly

Question

Quizplus · Accepted Answer

Pure competition is characterized by a large number of sellers offering standardized products, with no single firm in a position to influence price or supply. In this scenario, distribution becomes the only element of the marketing mix that can impact the firm's performance, as all products are the same, and price is determined by the market.

__________ Is the Form of Competition Where Distribution Is the Only