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The entry of new firms into a competitive market will
Market Share
The percentage of an industry's sales that a particular company controls.
Ancillary Sales
Additional revenue generated from goods or services that complement a company's main business operations.
Customer Loyalty
The tendency of consumers to continue buying from the same brand or company, often due to satisfaction, convenience, or perceived value.
Business Strategy
A plan of action designed by an organization to achieve its vision and goals, outlining the steps the business will take to compete effectively in its industry.
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