Question: Multiple Answer Question Sam is unsure about launching a business because many other companies sell the same service Sam plans to offer. He wants to

Multiple Answer Question Sam is unsure about launching a business because

Multiple Answer Question Sam is unsure about launching a business because many other companies sell the same service Sam plans to offer. He wants to wait until he can develop an original product or service that no one has thought about so he will not have to compete for market share. Which statements are correct? Selected Answers: a. Having the competition could save Sam time and money since he does not need to create a market. Answers: a. Having the competition could save Sam time and money since he does not need to create a market. b. Having competition means that there will be no buyers for the service that Sam wants to sell. c. If there is competition, that means Sam does not have to work hard to identify the price of his service. d. Being the first to market something guarantees the largest market share

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