Business competition

Business competition is when similar business are selling similar products to the same target market.

• True

• False

Samsung and Armani are selling similar products.

• True

• False

Which of these is not a competitor of Honda.

• Hyundai

• Kia

• Nissan

• BMW

Nike and Adidas are NOT in competition.

• True

• False

KFC and Pizza Hut are NOT in competition.

• True

• False

Which of these is not a benefit of competition to customers?

• Higher quality products

• Cheaper products

• More expensive products

• More choice of products.

Businesses will always get better because of competition.

• True

• False

Businesses always try to increase their market share.

• True

• False

Which business has the biggest market share?

• Apple

• Huawei

• Samsung

• Xiaomi

Which company sells the most cars in UAE

• Hyundai

• Nissan

• Mitsubishi

• Toyota