Symbiosis involves two organisms living together in close physical association. Mutualism benefits both organisms, like cats and dogs for companionship. Commensalism benefits one organism without harming the other. Parasitism benefits one organism while harming the other. Competition occurs when organisms compete for prey or territory
Rivalry is a lasting competitive relationship between people or groups. James Baldwin identified three main types: biological, personal, and commercial rivalry. Rivalry requires equality of power for persistence
HHI measures firm size relative to industry and competition level. Calculated by squaring market shares of competitors and summing results. Ranges from 0 to 1, indicating competition from small firms to monopoly. Can be expressed as points (e.g., .25 equals 2,500 points)
Identical twin brothers Maddie and Kylie Maddison gained fame on YouTube. Started social media journey in teenage years. Gained millions of subscribers through relatable content
Brand logos are crucial in all aspects of communication and marketing. This article presents the top 101 most iconic logos from various industries
A substitute is a product that can be used in place of another. Substitutes provide consumers with more choices in the marketplace. They create competition and lower prices in the market