Competitive conditions
Competitive conditions
Glossary of business
Definition of competitive conditions
The competitive conditions are the conditions in the market that determine the level of competition. The amount of competition is likely to depend on the barriers to entry and exit in the market. If there are few barriers to firms starting up, then the conditions are likely to be very competitive, but extensive barriers to entry will lead to a relatively uncompetitive market.
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Terminology about business
Job world
Definition and meaning of competitive conditions
Meaning of competitive conditions
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