Rivalry Among Existing Competitors Is __________ When Competition Is Fierce

question 90

Short Answer

Rivalry among existing competitors is __________ when competition is fierce in a market and low when competitors are more complacent.

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Definitions:

Schedule Flexibility

The ability to adjust work hours or duties to accommodate different needs or preferences, often seen as a benefit in employment.

Commuting Problems

Challenges and issues faced by individuals when traveling between their place of residence and workplace, often involving time, cost, and convenience.

Vision

A foresight or strategic plan that outlines the goals and direction of a business or individual.

Strategy

The business will achieve its goals.