____________Is the Study of a Competitor/s Products or Business Practices

question 79

Short Answer

____________is the study of a competitor/s products or business practices done for the purpose of improving a company's performance.

---

Definitions:

Present Condition

The current state or situation of an object, individual, or scenario, often assessed to make decisions or predictions.

Financial Advantage

Refers to the benefit gained in financial terms, which could stem from various sources such as economies of scale, portfolio diversification, or market position.

Production

The process of creating goods or services using labor, materials, and machinery.

Annual Sales

The total volume of revenue generated from goods or services sold by a company in a fiscal year.