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L8 Competitive Advantage Vocabulary

Authored by J Price

Business

11th Grade

Used 1+ times

L8 Competitive Advantage Vocabulary
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7 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

All businesses compete.

True

False

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A company that sells a product or service different from yours but fills the same need.

Competitor

Direct Competitor

Indirect Competitor

Competitive Advantage

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A company that has a product with features that make people want it more.

Competitor

Differentiator

Direct Competitor

Competitive Advantage

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If you have a neighborhood grocery store as your business, all businesses are your competitors.

True

False

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A company that sells a product or service that sets it apart from other products like it

Competitor

Differentiator

Indirect Competitor

Competitive Advantage

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Some businesses will be you competitor others are not.

True

False

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

A company that sells the same product or service.

Competitor

Direct Competitor

Indirect Competitor

Competitive Advantage

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