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Emma is hoping to secure an internship with an engineering firm this summer.She's talked with friends and family,but they have not been able to provide her with any helpful contacts.Emma runs into her former aerobics instructor,whom she hasn't seen in several years,and her instructor offers to put her in contact with an engineering friend of hers.This is an example of what concept?
Global Rivals
Competitors that operate in multiple countries around the world, often vying for market share in the same industry sectors.
Infant Industry
A newly established sector or industry in its early development stage, often protected by the government through tariffs or subsidies to help it grow.
Foreign Competition
The presence of competing products or services from other countries in a domestic market, which can influence local industries' performance.
Emerging Industries
Sectors that are in their initial stage of development, often characterized by high innovation and growth potential.
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