Most of the market is in the hands of the ________,the firm with the largest market share.
A) market challenger
B) market follower
C) market leader
D) market nicher
E) market provider

Question

Quizplus · Accepted Answer

The market leader, with the largest market share, has the most significant portion of the market, indicating that they dominate the sector, and other firms follow their lead. Market challengers strive to erode the market leader's dominance, market followers imitate the market leader, market nichers target a specific segment of the market, and market providers offer a range of goods and services to meet the customers' needs.

Most of the Market Is in the Hands of the ________,The