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COMPETITOR ANALYSIS

Total questions: 8

Worksheet time: 3mins

Name
Class
Date
1.

Competitor Analysis is a way to Collect, ...........& Compare what our competitors are doing (Product, Sales, Marketing Strategies)

a)

Divide

b)

Analize

c)

Identify

d)

Value

2.

in the face of business competition Competitors can react by ..... ....... Policy

a)

Quality, Quantity, Price

b)

Quality, Service, Price

c)

Quantity, Service, Price

d)

Quality, Quantity, Price

3.

..........................are those in which competition is close but indirect; comprising those firms that serve the same customer need but with different resources/ packaging/distribution channels

a)

Aggressive Competitor

b)

Direct Competitor

c)

Potensial Competitor

d)

Indirect Competitor

4.

There are several categories of competitors a company may come across, except :

a)

Stochastic Competitor.

b)

Laid-Back Competitor

c)

Selective Competitor

d)

Free Fight Competitor

5.

.................is one whose actions or reactions are far from Prediction/Unpredictable.

a)

Tiger Competitor

b)

Laid-Back Competitor

c)

Selective Competitor

d)

Stochastic Competitor

6.

Here are Types of Competitors Analysis Methods, except .....

a)

SWOT Analysis

b)

Strategic Group Analysis

c)

Product Based Analysis

d)

Porter’s 5 Forces

7.

What are the benefits of Competitor Analysis in Business Strategy ?

a)

Driving New Partnership

b)

Assists in Product Development

c)

Helps us find Market Gaps

d)

All answers are correct

8.

These are Most Environmet Influences on Business, except .........

a)

Economic

b)

Politic

c)

Technological

d)

Socialita