Which of the Following Statements About Competitive Intelligence Systems Is

question 23

Multiple Choice

Which of the following statements about competitive intelligence systems is incorrect?

• A)It is a systematic and ethical approach for gathering and analysing information about competitors' activities and related business trends.
• B)It is based on the idea that more than 80 per cent of all information is public knowledge.
• C)It uses online databases,government documents,etc.as its source of information.
• D)It allows the effective capture of customer intelligence from salespeople and account transfers.

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Definitions:

Bottom Up Planning

A planning approach that starts at the operational level, with each segment or department developing its own plans to contribute to the overall strategic goals of the organization.

Aggressive Optimism

A mindset or strategy characterized by a high degree of confidence and assertiveness in action or decision-making, often in the context of investments or business growth.

Conservatism

An accounting principle that dictates reporting expenses and liabilities as soon as possible, but revenue only when it is ensured.

Top-Down Plan

A planning approach where decision making starts at the highest level of management and cascades down to lower levels.