Competition in Business

What is competitiveness?

• It is when you are happy

• It is when you want to win or do better than someone

• When you get mad at your best friend :(

• When you want something from the store

Someone who creates their own business is called a(n)...

• Entrepreneur
• Billionaire
• Investor
• Stock Holder

A target market is a group of _______ that the _______ has decided to aim its marketing efforts and ultimately its merchandise towards.

• Companies, Business
• Companies, Research
• Customer, Business
• Business, Customer

What 2 businesses are competitors?

• Starbucks and Uber

• Starbucks is the best - no competition

• Starbucks and Dutch Bros

• Starbucks and Universities

What 2 businesses are competitors?

• Uber and McDonalds

• Uber and Uber Eats

• Uber and Taxi

• Uber and Airbnb

What are 2 retail brands in competition?

• Ikea and Nike

• Nike and Adidas

• Nike and Tim Hortons

• Nike and Toyota

What are the 2 business competitors?

• Apple and Lyft

• Apple and Honda

• Apple has no competition

• Apple and Samsung

What are 2 competitors?

• Airbnb and Hotels

• Airbnb and Netflix

• Airbnb and Amazon

• Airbnb and Apple

Because both UPS and FedEx provide overnight delivery services, they are an example of

• indirect competitors

• partners

• strong direct competitors

• weak direct competitors

Any restaurant can be considered indirect competition to McDonald's.

• True

• False