Competition in business

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10 Terms

1
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fill a niche

to provide a product or service for a specific, specialized segment of the market

<p>to provide a product or service for a specific, specialized segment of the market</p>
2
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outperform

to achieve better results or financial success than a competitor

<p>to achieve better results or financial success than a competitor</p>
3
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rival

a person, team, or business competing with another for the same goal

<p>a person, team, or business competing with another for the same goal</p>
4
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rivalry

ongoing competition or aggressive struggle between two opponents

<p>ongoing competition or aggressive struggle between two opponents</p>
5
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reap the benefits of

to gain positive advantages, profits, or rewards from a situation

<p>to gain positive advantages, profits, or rewards from a situation</p>
6
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vie for

to compete eagerly or fiercely with others to achieve something

<p>to compete eagerly or fiercely with others to achieve something</p>
7
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corner the market

to gain control of enough of a product or service to dominate its price and sale

<p>to gain control of enough of a product or service to dominate its price and sale</p>
8
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control over

the power or authority to direct, manage, or influence something

<p>the power or authority to direct, manage, or influence something</p>
9
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unrivaled

having no equal competitors

<p>having no equal competitors</p>
10
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<p>to cater</p>

to cater

to provide what is needed or desired for a particular group or audience