Which of the following statements is true of direct competition?
a. It is determined by market commonality and resource similarity.
b. It encourages the production of perfectly imitable resources.
c. It uses cost leadership to produce a specialized product for limited customers.
d. It minimizes the effects of industry competition.
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Home » Business » Which of the following statements is true of direct competition? a. It is determined by market commonality and resource similarity. b. It encourages the production of perfectly imitable resources. c.