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Competing Companies
Businesses that are in direct rivalry with one another, offering similar products or services in the same market.
Warranties On Purchases
Guarantees provided by a seller to a buyer ensuring the quality and performance of a product for a certain period.
Maintain More Than One Supply Source
The strategy of sourcing materials or products from multiple suppliers to reduce dependency on a single source.
Competitive Bidding
a procurement process where multiple suppliers submit offers, or bids, to win a contract to supply goods or services, often promoting fair pricing and quality.
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