What Best Determines the Level of Competition

question 76

Multiple Choice

What best determines the level of competition?

• A)the amount of population change
• B)the amount of substitutes for a certain product or service
• C)the amount of change in the level of income
• D)the amount of complementary products or service

---

Definitions:

Prospecting

The act of seeking out prospective clients, customers, or purchasers to expand business opportunities.

Solicited

Requested or sought after, often in the context of feedback, opinions, or information.

Open-ended Interview

An interview format that allows respondents to answer in their own words, providing depth and insight into their perspectives.

Open-ended Interview

A qualitative research method involving conversations where the respondent can freely express their thoughts and feelings without being constrained by predefined options.