competitive forces
Definition
Use competitive forces in a sentence
“ You should try to make sure that you know what all the competitive forces are doing and how they may effect you. ”
“ One of the toughest competitive forces in the consumer goods market is the introduction of low cost knock-off goods from countries like China, which threaten to undermine your business. ”
“ In the long run, competitive forces will drive the price of a good down until it reflects the cost to manufacture the good plus a premium commensurate with the risks undertaken by a manufacturer of the good. ”