Entering a cable TV market.
Order Description
Does the action contemplated in Exercise 15 listed below pass the generalization test?
Briefly explain why or why not.
Exercise 15: You are considering whether your cable TV business should enter the market in Anywheresville, which presently has no cable service. You expect a few other cable companies will do the same. However, past experiences in towns of this size shows that only one cable provider will survive. Your only reason for entering the competition is to drive the other companies out. Is a decision to enter this market generalizable?
Order Description
Does the action contemplated in Exercise 15 listed below pass the generalization test?
Briefly explain why or why not.
Exercise 15: You are considering whether your cable TV business should enter the market in Anywheresville, which presently has no cable service. You expect a few other cable companies will do the same. However, past experiences in towns of this size shows that only one cable provider will survive. Your only reason for entering the competition is to drive the other companies out. Is a decision to enter this market generalizable?
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