The Industry, Target Customer, and Competitor Analysis Section Should

question 16

Multiple Choice

The industry, target customer, and competitor analysis section should:

• A) begin to describe the company.
• B) provide the context of the opportunity and demonstrate that a market segment is understood.
• C) introduce the product or service the company will offer.
• D) identify the company's objectives for sales and growth.

---

Definitions:

High-Speed Color Copier

A device capable of reproducing documents and images quickly in full color.

Competitive Advantage

An advantage or condition that elevates a company's standing above that of its competitors in the business arena.

Telecommunications Companies

Organizations that provide services related to electronic communication such as telephone, internet, and television broadcasting.

Innovation in Business

The introduction of new ideas, methods, or products to improve efficiency, effectiveness, or competitive advantage in a business setting.