The More Consumers Can Obtain Similar Products and Services That

question 3

True/False

The more consumers can obtain similar products and services that satisfy their needs,the less likely firms are to try to establish competitive advantage.

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Definitions:

Holistic Medicine

Holistic medicine is a form of healing that considers the whole person -- body, mind, spirit, and emotions -- in the quest for optimal health and wellness, using various forms of health care practices.

Patient Activism

The actions taken by patients or health consumers to advocate for improvements in healthcare services, policies, and treatment options.

Medical Establishment

The collective institutions, including hospitals, clinics, medical schools, and regulatory bodies, that define and regulate health care practices.

Increased Life Expectancy

A rise in the average number of years that individuals within a population are expected to live.