Examlex
Considering Michael Porter's five factors, we can say that the fast food hamburger industry is characterised by:
Acceptance
The act of agreeing to the terms of an offer, contract, or proposal, creating a binding agreement.
Additional Terms
Supplementary conditions or provisions added to a contract that were not included in the original agreement.
Statute Of Frauds
A state statute under which certain types of contracts must be in writing to be enforceable.
Signed By Parties
Indicative of an agreement or document that has been formally endorsed or authenticated by those involved.
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