Examlex
"Some of our competitors are putting us to shame with their use of technology-not only out in the field, but at the current tradeshow," said Max. "I toured all of the tradeshow displays and took notes on what our competitors are doing, so that we can compare our practices and technologies with those of our competitors. I'll bet we can learn a thing or two." Max has been engaged in
Close Substitutes
Products or services that can easily replace each other in the eyes of consumers due to their similar features or functions.
Trade Barriers
are government-imposed restrictions on the exchange of goods and services across borders, including tariffs, quotas, and regulations.
Teamsters
A member of a labor union in North America primarily representing workers in the transport and freight industries.
Product Market
The marketplace in which final goods or services are offered to consumers, businesses, and the public sector.
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