Definition: Competition Levels is a concept by Philip Kotler in which he distinguishes 4 levels of competition, based on the degree of product substitutability: |
More on competition: Competitive Advantage, Competitive Intelligence, Cost Leadership, Curveball Strategy, Differentiation, more on competition... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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