Examlex
Which of the following is true regarding opportunities to improve service processes?
Market Structure
The organizational and other characteristics of a market that influence the nature of competition and pricing.
Strategic Behavior
The actions taken by companies or individuals in anticipation of their rivals' actions and reactions to maximize their own benefits.
Influences Market Price
Factors or conditions that affect the selling price of goods or services in a market, including supply, demand, competition, and external economic conditions.
Barriers
Obstacles or impediments that prevent or hinder progress, such as trade barriers which can restrict the flow of goods between countries.
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