Asked by Chelsea Garcia-Perez on Jun 09, 2024
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Most startups do not have competition.
Startups
Startups are newly established businesses, typically in the technology sector, focused on a unique product or service aiming to meet a gap in the market, often characterized by innovation and scalability.
Competition
The contest between businesses or individuals for market share, resources, awards, or recognition in their respective fields or areas of activity.
- Grasp the significance of competition analysis and market research in business planning.
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Learning Objectives
- Grasp the significance of competition analysis and market research in business planning.
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