Examlex
The optimal amount of R&D for a firm depends on the following, except
Brick-and-mortar Stores
Physical retail locations where customers can visit to view and purchase goods in person.
Two Competitors
Entities, especially businesses, engaged in a rivalry in the same industry or sector, striving to achieve goals such as higher sales, market share, or innovation.
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.
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