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In Competitive Dynamics, New Entrants May Be Force to Change

question 81

Multiple Choice

In competitive dynamics, new entrants may be force to change their strategies or develop new ones to _______ competitive challenges by _____________.


Definitions:

Commercial Contracts

Legally binding agreements between two or more parties for the provision of goods, services, or both in a commercial setting.

Evidenced by Writing

The requirement that an agreement or transaction must be documented in written form to be legally enforceable or recognized.

Enforceable

Capable of being imposed or upheld by legal means, particularly in the context of contracts or obligations.

Implied

Something suggested or understood without being directly stated, often used in legal contexts to describe obligations or contracts.

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