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

2. Which strategy helps companies compete in fragmented industries?

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

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

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

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

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

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

9. A primary reason why fragmentation occurs is:

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

11. A fragmented industry often has:

12. Why is branding important in fragmented industries?

13. One method of reducing fragmentation is:

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

15. A fragmented industry typically lacks:

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

17. One challenge in fragmented industries is:

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

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

20. Why is differentiation difficult in fragmented industries?