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Related Industries Create the Probability That New Companies Will Enter

question 47

Multiple Choice

Related industries create the probability that new companies will enter the market.This ________ competition and forces existing firms to improve ________.


Definitions:

Static Evaluation

The tendency to view people or situations as unchanging, ignoring the possibility of development or evolution.

Polarization

The division of opinions or attitudes into sharply opposed sides, often leading to heightened tensions and conflict.

Disrespected

Feeling undervalued or not shown proper consideration or courtesy by others.

Prioritize

To arrange or deal with in order of importance.

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