A strategist involved in a hypercompetitive environment who attempts to play an oligopoly game (e.g., erect entrance barriers, tacitly collude with rivals) is destined to fail.

Question

Quizplus · Accepted Answer

In a hypercompetitive environment, the constant threat of new entrants and the rapid pace of innovation make it difficult for firms to maintain their market positions through traditional oligopoly strategies.

A Strategist Involved in a Hypercompetitive Environment Who Attempts to Play