10/06 Unit 4 BW Intro

Front

What kind of competition is it when Lyndsey and Tas lower their lemonade prices to attract more customers?

Back

Price Competition

Front

What sort of competition is it when Aubrie and Lulu both open food trucks to sell delicious tacos, with Lulu expanding her menu to include nachos, Aubrie installing speakers for fun music, Lulu creating a special taco with her family's secret recipe, and Aubrie setting up a toppings bar?

Back

Non-Price Competition

Front

What is a market?

Back

A market is a place where buyers and sellers come together to exchange goods, services, and/or resources.

Front

What is competition in business?

Back

Competition is companies working against each other to attract more customers.

Front

Who is the target audience?

Back

Someone who wants to buy your product or service