Rather Than Competing Head to Head with Established Competitors,many Companies

question 146

Short Answer

Rather than competing head to head with established competitors,many companies seek out unoccupied positions in uncontested market spaces.They try to create products and services for which there are no direct competitors.This is called a ________.

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Definitions:

Extreme Stress

A condition of high demand or pressure that exceeds the normal operating range of an object or individual, potentially leading to failure or distress.

Vehicles

Machines designed for transport, including cars, trucks, motorcycles, and bicycles, capable of moving people or goods from one location to another.

Hub

The central part of a wheel where it attaches to the axle, or in a broader sense, a focal point or center of activity.

Brake Shoe

A component of a drum brake system, consisting of a curved metal piece with a high-friction material bonded to it, pressing against the drum to slow or stop the vehicle.