Question: What is the difference between competition and competitive differentiation? Select answer from the options below Competition focuses on profitable opportunity, while competitive differentiation refers to

What is the difference between competition and competitive differentiation? Select answer from the options below Competition focuses on profitable opportunity, while competitive differentiation refers to the most basic right in private enterprise. Competition is an economic system, while competitive differentiation serves the demands of consumers. Competition refers to small-business owners, while competitive differentiation requires entrepreneurial thinking. Competition seeks a consumer base, while competitive differentiation leads the market.

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