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The First Step in Any Professional Correspondence Is To

question 45

Multiple Choice

The first step in any professional correspondence is to:


Definitions:

Market Competition

The rivalry among companies to attract customers and gain market share by offering better products, services, and terms.

Bid Rigging

An agreement among firms to not bid against one another or to submit a certain level of bid.

Price Fixing

A restraint of trade in which two or more competitors agree to set prices for a product or service.

Category

A class or division of items or people with shared characteristics, used for purposes of organization, analysis, or classification.

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