ESB Lesson 7 Vocabulary - Competitive Advantage
Authored by Lisa Emerson
Business, Other
9th - 12th Grade
Used 10+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Match the definition to the vocabulary word:
The ability and willingness to change actions and plans
to overcome present and future challenges.
Flexibility and Adaptability
Differentiate
Competitor
Competitive Matrix
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Match the definition to the vocabulary word:
A business that is trying to do better than others in the same or similar market.
Direct Competitor
Differentiator
Competitor
Indirect Competitor
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Match the definition to the vocabulary word:
Something that puts your business ahead of the competition.
Differentiator
Competitive Advantage
Industry
Strong Direct Competition
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Match the definition to the vocabulary word:
A business that sells similar products or services.
Competitor
Indirect Competitor
Strong Direct Competitor
Direct Competitor
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Match the definition to the vocabulary word:
Grid used to compare characteristics of your business with those of your direct competitors.
Differentiator
Competitive Matrix
SWOT Analysis
Global Economy
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Match the definition to the vocabulary word:
What you charge customers for your product or service
SWOT Analysis
Price
Global Economy
Quality of Service
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Match the definition to the vocabulary word:
A business evaluation method that focuses on four categories: Strengths, Weaknesses, Opportunities, and Threats
SWOT Analysis
Location
Global Economy
Competitor
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