Examlex
Power refers to the ability of individuals and groups to realize their will in human affairs even if it involves the resistance of others.
Self-Interest
An individual's personal gain or advantage, especially when pursued without regard for others.
Price-Taker Markets
Markets in which individual sellers or buyers have no control over setting prices and must accept the prevailing market price.
Homogeneous Product
Products that are of the same quality and are indistinguishable by buyers.
Competitive Weapon
A unique capability or strategy employed by a company to outperform its competitors.
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