Examlex
Which one of Porter's five forces is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market?
Contract Legally Binding
An agreement between parties that is enforceable by law, where each party has agreed to certain terms and conditions.
Covenant Not to Compete
A legal agreement in which one party agrees not to enter into or start a similar profession or trade in competition against another party.
Employment Agreement
An Employment Agreement is a formal contract that outlines the terms and conditions of employment between an employee and employer, including duties, salary, and duration of employment.
Hair Stylist
A professional trained in the cutting, styling, and grooming of hair, often providing advice on hairstyles and hair care.
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