New Entry Is Among the Most Common Reasons Why a Cycle

question 1

True/False

New entry is among the most common reasons why a cycle of competitive actions and reactions gets started among similar competitors.

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Definitions:

Cloud Source LLC

Assuming it’s a real entity, it would refer to a company specializing in providing cloud-based solutions and services. If not, then NO.

Distribution Inc.

A fictitious or placeholder name that typically refers to a company specializing in the supply or dissemination of goods or services.

Rationalization

The process of providing a reasonable or logical basis for something, often as a means of justifying actions or decisions.

Ethical Dimensions

The aspects of actions and decisions that relate to moral principles and the consequences on stakeholders.