• Describe ways to increase market share
  • Compare various forms of competition (pure competition, monopolistic competition, oligopoly, and monopoly)
  • Describe how various laws (e.g., Sherman Antitrust Act and Robinson-Patman Act) impact competition
  • Describe the process of conducting an industry analysis
  • Define benchmarking
  • Discuss the importance of benchmarking
  • Research and apply best practices, through benchmarking, for specific business situations

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