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What do you understand by competition? Why do you think the web is the arena of so much competition today? How do businesses compete? (Don't

What do you understand by competition? Why do you think the web is the arena of so much competition today? How do businesses compete?

(Don't just view things from the the perspective of a regular person buying from the internet. Rather also from the business perspective selling products and services via the web in a national and global market).

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