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Why is convection a more efficient way to transfer heat versus conduction?
Hypercompetition
An extremely competitive business environment characterized by rapid and constant changes in technology, customer preferences, and market dynamics.
Attractive Industry
A sector of the economy that offers significant opportunities for investment, growth, and profitability, making it appealing to businesses and investors.
Monopoly
A market structure characterized by a single seller, selling a unique product in the market with no close substitutes, often leading to less competition.
External Organizational Environment
Constitutes the outside forces, including economic, political, technological, and social factors, that affect an organization's operations.
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