Local companies can easily maintain their "local" advantage as a hometown provider.

Question

Quizplus · Accepted Answer

Local companies often face challenges maintaining their "local" advantage due to competition from larger, global companies that can offer lower prices, more variety, and extensive marketing campaigns. Additionally, the rise of online shopping has made it easier for consumers to buy from companies regardless of location, further eroding the local advantage.

Local Companies Can Easily Maintain Their "Local" Advantage as a Hometown