Final answer:
The terms 'Competitive' and 'Compliance' refer to drivers of market dynamics, with the former involving new technologies and market demands that increase global competition and the latter involving health, safety, and financial regulations that businesses must follow.
Step-by-step explanation:
The terms Competitive and Compliance are important factors to understand. Competitive factors involve new and emerging technologies, innovations, and market demands that affect market competition. This includes enhancements in communication technologies such as the Internet, which has amplified the level of competition by allowing consumers and businesses to access products and suppliers globally, leading to 'business-to-business' interactions across regions and countries. Conversely, Compliance factors represent health, safety, and financial reporting requirements that vary by industry, country, or region, and that companies must adhere to in order to operate.