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Competition Refers to

Question 150

Multiple Choice

Competition refers to


A) identical products that perform identical functions.
B) any for-profit organization that targets the customers of other organizations.
C) alternative firms that could provide a product to satisfy a specific market's needs.
D) any product or service that vies for a portion of a customer's discretionary income.
E) the set of firms that operate in a given geographic region, regardless of product or service.

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