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Which of the following terms means normal breathing?
Intense Competition
A market condition where there is a high level of rivalry among businesses, often leading to innovation and lower prices for consumers.
Industry Environmental Factors
External influences that affect an industry’s performance, competitiveness, and opportunities, including economic, technological, legal, and sociocultural factors.
Resource Suppliers
Entities or individuals that provide the necessary inputs, such as raw materials or services, for other businesses to operate.
Market Rivals
Companies or entities within the same industry or market that compete against one another for customers, sales, and market share.
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