Fill in the Blank(s)

question 5

Short Answer

Fill in the Blank(s)
-____________competencies are based on combinations of attributes or skill sets that give an organization a unique advantage over its competitors.

Understand the concept and importance of market definition.

Identify factors relevant and irrelevant to defining a market from a supply-side approach.

Recognize different levels of product competition and their implications in market analysis.

Apply concepts of cross-elasticity to understand product substitutability.