loculation. Definitions: 1. A loculate region in an organ or tissue, or a loculate structure formed between surfaces of organs, mucous or serous membranes, and so on. 2. The process that results in the formation of a loculus or loculi. The definition information for loculation is provided by Stedman's.
Competitive markets, sometimes referred to as perfectly competitive markets (or perfect competition), have three specific features. The first feature is that a competitive market consists of a large number of buyers and sellers that are small relative to the size of the overall market.
Definition Competitive Position. The Competitive Position is the relative level of dominance (or lack thereof) a firm has in its market compared to its competitors. For example, a firm might have as a target to become the market leader, or to grow from third to second place, in the market for peeled bananas.