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Who are Enterprise Rent-A-Car's competitors and what is the nature of competition in its markets?
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What are the types of competition in the market?
Close Competition Distant Competition Direct Competition Indirect Competition
Why would anyone want to enter a profitable industry knowing that profits would eventually be eliminated by competition?
It is not certain that anyone's profits will eventually be eliminated by competition; it is in the nature of competition that you have a chance of winning, as well as a chance of losing. And lots of people enjoy competition.
How does an individual benefit from a market economy?
With a market economy, individual can get lower price and much more choice which is a direct result of competition.
How would quality of product influence competition?
simple better quality of product then more competition will be suggested by similar product companys same goes each way round. Its human nature to progress, to move on to get better.
What is the result of direct competition in nature?
Extinction of the loosing species
What is often the result of direct competition in nature?
Extinction of the loosing species
What are the Three levels of competition?
direct competition, indirect competition and budget competition
What is the difference between direct competition and indirect competition?
Direct competition is a company that offers a product that customers may choose over your product. Indirect competition is a company that offers a substitute good.
Are Religions and Politics today run by competition?
They are not in direct competition-their goals are different
Nature and effects of competition in the business world?
nature and effects of competiton?
What is direct competition?
Anti-trust laws!
What does The ghost of competition past refer to?
"competition often leads to character displacement, which remains even after direct competition is reduced.
What is monopoly's direct competition?
Anti-trust laws!
Kindergarten poem on nature for recitation competition?
rec
Is science more than powerful than nature?
Science studies nature and seeks to understand its laws and processes, allowing humans to harness its power for various purposes. While science can manipulate and control aspects of nature, nature itself can also exhibit powerful forces that can influence and impact the world in significant ways. Ultimately, the relationship between science and nature is one of mutual influence and dependency.
What is indirect competition?
Indirect Competition could be defined as "competition that you face from your substitutes." e.g For fast food, McDonalds, Taco Bell would be direct competition, while Applebees, Chile's, TGI Fridays, etc would be indirect competition.
