Examlex
A lack of some basic biological requirement such as water,which produces a drive to obtain that requirement (thirst) ,is known as the ______________ approach.
Rivalry
Competition or conflict between two or more parties, often for dominance or superiority in a specific area.
Nature of Competition
Refers to the characteristics and dynamics of rivalry among businesses in the same industry, which can influence market behavior and business strategies.
Porter's Five Forces
A model developed by Michael E. Porter that identifies and analyzes five competitive forces that shape every industry and help determine an industry's weaknesses and strengths.
E-commerce
The exchange of goods and services through the internet.
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