Competition

Competition

Assessment

Flashcard

Other

KG - University

Hard

Created by

hakar sevoo

FREE Resource

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10 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Consumer motivation

Back

Satisfying consumer's wants and needs

2.

FLASHCARD QUESTION

Front

Which is an example of a sustainable competitive advantage? Options: Location of the shop, The interior of the shop, The price of the product, Recipes

Back

Location of the shop

3.

FLASHCARD QUESTION

Front

Dino sells hot dogs and Chan sells burgers. Is this a direct or indirect competition?

Back

Indirect Competition

4.

FLASHCARD QUESTION

Front

What can companies do to avoid direct competition?

Back

Add special features to the product

5.

FLASHCARD QUESTION

Front

What is NOT an example of SIS's sustainable competitive advantage? Options: Uniforms, Location, Textbooks, Teachers

Back

Textbooks

6.

FLASHCARD QUESTION

Front

What does USP stand for?

Back

Unique Selling Proposition

7.

FLASHCARD QUESTION

Front

2 examples of what a company can use to defeat their competitor.

Back

USP and Reputation

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