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Direct vs indirect competitor
Quiz by NeKeisha King Price
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10 questions
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- Q1Which of the following best describes a direct competitor?A business that collaborates with another business in the same market.A business that offers unrelated products or services to another business.A business that offers similar products or services to another business and targets the same customer needs.A business that offers complementary products or services to another business.30s
- Q2Direct competitors are businesses that are _______ each other, while indirect competitors are not.competing withcollaborating withcopying fromignoring30s
- Q3Indirect competitors are businesses that offer _______ products or services that cater to _______ customer needs.superior, inferiorunrelated, unrelatedsimilar, distinctdifferent, related30s
- Q4Which of the following is an example of a direct competitor?A clothing store and a cell phone provider.Two clothing stores that sell similar types of clothing and target the same customer base.A clothing store and a car dealership.A clothing store and a grocery store.30s
- Q5Direct competitors often engage in _______.market researchproduct developmentcollaborative partnershipshead-to-head competition30s
- Q6Which component of SWOT analysis focuses on evaluating the external factors?StrengthsWeaknessesThreatsOpportunities30s
- Q7Which component of SWOT analysis involves identifying internal factors that place an organization at a disadvantage?OpportunitiesStrengthsWeaknessesThreats30s
- Q8Which component of SWOT analysis focuses on evaluating the positive internal factors?ThreatsWeaknessesOpportunitiesStrengths30s
- Q9Which component of SWOT analysis involves identifying potential external factors that can harm an organization?WeaknessesStrengthsThreatsOpportunities30s
- Q10Which component of SWOT analysis focuses on identifying potential favorable circumstances in the external environment?ThreatsWeaknessesStrengthsOpportunities30s