Question: Indirect competition occurs when competition is not established between two companies in the same industry. multiple products compete for the same market. products provide alternative

Indirect competition occurs when
competition is not established between two companies in the same industry.
multiple products compete for the same market.
products provide alternative solutions to the same market.
customers do not prefer one product over another.
a pioneer faces competition from late entrants to an industry.
Indirect competition occurs when competition is not established between two companies

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