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What are the types of competition in the market?

Close Competition Distant Competition Direct Competition Indirect Competition


What is price competition?

Intense competition in which competitors cut retail prices to gain business


How does Monopolistic Competition differ from Oligopolistic Competition?

"Monopolistic Competition" is, unless I'm missing something, an oxymoron. "Monopoly" implies "no competitors," so who, precisely, is the monopoly supposed to be competing with? In an oligopoly, there are a few competitors, so there actually could be some competition; however, the term is generally used in a trust situation where the "competitors" more or less agree not to actually compete.


What is fair business competition?

Fair business competition refers to employing ethical methods of competing. This means avoiding shady practices like lying about competitors or stealing ideas from competitors.


What are four possible outcomes of competition?

The competition pushes both competitors to do better so both prosper.Competitor A wipes out B.Competitor B wipes out A.The competition pushes both competitors so hard that they both fail, and someone else moves in.


Who are Enterprise Rent-A-Car's competitors and what is the nature of competition in its markets?

vbnmn


Winter Olympics in which sport do competitors throws rocks?

curling


Can a non competitor play alongside competitors on a golf club competition?

yes


How do trusts eliminate the competition?

Trusts cut prices to drive competitors out of business.


What is national competitiveness?

a competition involving the best competitors from across the whole of a nation


What does Competitors mean?

An organization or country that is engaged in commercial or economic competition with others


In which winter olympique event do the competitors trow rocks?

curling is the olympique event where the compititors trow rocks.