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⟩ What is competitor myopia?

1. Company is focused only on the one major competitor.

2. Company is too focused on the major competitors.

3. Immediate competition blinds a company to latent competitors who can destroy the old ways of doing business.

4. All of the above

5. None of the above

Answer: Immediate competition blinds a company to latent competitors who can destroy the old ways of doing business.

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