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Resource similarity and _____ are factors that determine the extent to which firms will be in direct competition with each other.
Public Utilities
Organizations that provide essential services to the public such as water, electricity, natural gas, and telecommunications.
Target Return-on-sales Pricing
A pricing strategy where the price is set with the aim of achieving a specific return on sales percentage.
Profit Percentage
A financial metric that shows what percentage of sales has turned into profits, indicating the efficiency of a company's operations.
Sales Volume
The total quantity of goods or services sold by a company within a specific period.
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