1. In a fragmented industry, what is the effect of technological advancements?

2. One method of reducing fragmentation is:

3. A primary reason why fragmentation occurs is:

4. Why is differentiation difficult in fragmented industries?

5. One way a company can reduce fragmentation is by:

6. Why do economies of scale remain difficult to achieve in fragmented industries?

7. How can companies gain a competitive edge in fragmented industries?

8. According to Michael Porter, what is one effective strategy for competing in a fragmented industry?

9. What role do economies of scale play in fragmented industries?

10. One challenge in fragmented industries is:

11. Which of the following strategies helps companies scale in fragmented industries?

12. Why is branding important in fragmented industries?

13. Which strategy helps companies compete in fragmented industries?

14. A fragmented industry typically lacks:

15. What is a common reason businesses struggle to consolidate fragmented industries?

16. In a fragmented industry, companies often struggle with:

17. Which of the following is a strategy for overcoming fragmentation?

18. A fragmented industry often has:

19. What is a key characteristic of a fragmented industry?

20. Which of the following is a disadvantage of competing in a fragmented industry?