https://3speak.tv/watch?v=abdul-qudus/jjpkadts
Good day to you all.

Market competition is a scenario where different firms struggle to obtain limited goods.

It coukd be a business environment where different firms are located and have to compete with each other bases on the quality and quantity of their products.

Types of market competition

  • Direct Market competition
  • Indirect Market competition
  • Replacement Market competition

These are the three common types os market competition we have.

Thanks for watching.


All images are souced from pixabay