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Emily plans to open a dry cleaning service in Gainesville in early 2019.
Emily plans to open a dry cleaning service in Gainesville in early 2019. According to Emily's research, there is room in the market for another dry cleaner, but there is healthy competition nonetheless. Emily has a plan. A line in her business plan reads, "We plan to provide an interactive website, shorten our dry cleaning process by one day by reassigning some of our internal tasks, and then patent our streamlined service." Emily expects to "gobble-up" market share. Does her strategy seem reasonable?
a) Yes
b) No