24 January, 11:10
Competitive position in the industry
24 January, 11:51
A competitive position in an industry only occurs when a company is not a monopoly and has multiple companies that are in a state of competition against each other. An example of a competitive position in an industry would be in the clothing industry because there are many companies is attempting to sell clothing and it is a very competitive industry, meaning that companies that sell apparel are in a competitive position in the clothing industry.
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