Competitors | Definition, Types, Performance & Strategic Analysis
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Competitors | Definition, Types, Performance & Strategic Analysis
A competitor is a rival business whose activities have the potential to reduce another business’s share of the market. A competitor who sells the same or a nearly-identical product or service is a “direct” competitor, such as Pepsi and Coca-Cola. A competitor who sells a differing product or service which fulfills the same need is called ...
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