Examlex
In communication, smartphone technology has an impact on
Competition
The rivalry among businesses to attract customers and achieve market superiority by offering better goods, services, or prices.
Fellow Consumers
Other customers who purchase and use the same products or services, whose opinions and behaviors can influence individual buying decisions.
Business Environment
The combination of external and internal factors that influence a company's operating situation, including economic, legal, technological, and social aspects.
Potential Opportunities
Prospects or chances that could be developed into actual or beneficial situations in the future.
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