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Direct vs indirect competitor

Quiz by NeKeisha King Price

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10 questions
Show answers
  • Q1
    Which 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
  • Q2
    Direct competitors are businesses that are _______ each other, while indirect competitors are not.
    competing with
    collaborating with
    copying from
    ignoring
    30s
  • Q3
    Indirect competitors are businesses that offer _______ products or services that cater to _______ customer needs.
    superior, inferior
    unrelated, unrelated
    similar, distinct
    different, related
    30s
  • Q4
    Which 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
  • Q5
    Direct competitors often engage in _______.
    market research
    product development
    collaborative partnerships
    head-to-head competition
    30s
  • Q6
    Which component of SWOT analysis focuses on evaluating the external factors?
    Strengths
    Weaknesses
    Threats
    Opportunities
    30s
  • Q7
    Which component of SWOT analysis involves identifying internal factors that place an organization at a disadvantage?
    Opportunities
    Strengths
    Weaknesses
    Threats
    30s
  • Q8
    Which component of SWOT analysis focuses on evaluating the positive internal factors?
    Threats
    Weaknesses
    Opportunities
    Strengths
    30s
  • Q9
    Which component of SWOT analysis involves identifying potential external factors that can harm an organization?
    Weaknesses
    Strengths
    Threats
    Opportunities
    30s
  • Q10
    Which component of SWOT analysis focuses on identifying potential favorable circumstances in the external environment?
    Threats
    Weaknesses
    Strengths
    Opportunities
    30s

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