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The Two Factors That Determine the Extent to Which Firms

question 107

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The two factors that determine the extent to which firms will be in direct competition with each other are market commonality and resource similarity


Definitions:

Disgust

Disgust is a strong sensation of revulsion or profound disapproval aroused by something unpleasant or offensive.

Sadness

An emotional state characterized by feelings of disappointment, grief, or hopelessness.

Surprise

An emotional response to an unexpected or unforeseen event, often characterized by a sudden change in physiological and cognitive states.

Force Yourself

To make oneself do something difficult or unpleasant that one may not want to do.

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