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The United States has the highest number of Internet users in the World.

The competition between Amtrak, Hertz, and Delta Airlines for the travelers’ dollar is considered indirect competition because these services can be substituted for one another.

The existing U.S. legal framework was constructed in a logical, systematic manner, resulting in a coherent and easily understood body of laws.

Maros, an agricultural biotechnology company, is the sole supplier of genetically engineered seeds and controls 84 percent of the market share for genetically modified crops. This is an example of a monopoly.

A customer of All World Bank receives telemarketing calls and emails from the bank’s business partners, Specialty Insurance and Global Investments. Since the customer has signed into the Do Not Call Registry, these companies are in violation of the federal regulation.

Organizations within the same industry usually have the same mission.

The basis for social media is conversation.

The term “societal marketing” refers to online retail sales.

The idea of first movers being completely replaced by second movers and the resulting disappearance of first movers from the marketplace is a myth.

A large pharmaceutical company invents a very small device that can be implanted in people with diabetes to provide time-released amounts of insulin. A patent for this invention will set up a temporary oligopoly for the company.