Two Forces That Affect the Competition Are the Ability of Companies

question 17

Multiple Choice

Two forces that affect the competition are the ability of companies to ________ and ________ markets.

• A) Enter, exit
• B) Plan, enter
• C) Plan, control
• D) Control, exit

---

Definitions:

Contract Law

The legal framework that oversees the creation, execution, and understanding of contracts between individuals or entities.

Business Person

An individual who operates a business or enterprise, taking on greater than normal financial risks in order to do so.

Internet Transactions

The buying and selling of goods and services or the transmitting of funds or data, over an electronic network, primarily the internet.

Offer

An offer from one entity to another aimed at establishing a legal contract if accepted.