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Resource Scarcities
Situations where the availability of resources is insufficient to meet the demands, often leading to competition and increased value of the scarce resources.
Porter's Five Forces Model
A framework for analyzing a company's competitive environment, focusing on five forces that shape every industry and market.
Intense Rivalry
A situation in a market where competitors aggressively compete with each other for market share, often leading to aggressive strategies and tactics.
Substitute Products
Goods or services that serve as replacements for each other; the presence of substitutes can influence market dynamics and competition.
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