Examlex
Match each item with the correct description below.
-nucleus
Product Differentiation
A marketing strategy that involves distinguishing a product or service from others in the market to make it more attractive to a particular target market.
Collusion
A situation in which firms act together and in agreement (collude) to fix prices, divide a market, or otherwise restrict competition.
Entry Barriers
Obstacles that make it difficult for new competitors to enter an industry, including high initial investment, stringent regulations, and strong brand loyalty.
Mutual Interdependence
A situation in which the outcome or payoff for each participant depends on the choices or actions of all involved parties.
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