The Process of Gathering Information About the Competitive Environment, Including

question 135

Multiple Choice

The process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed is the definition of ________.

• A) Feedback
• B) Information
• C) Competitive intelligence
• D) Data

---

Definitions:

Phallic Stage

A stage in Freud's psychosexual development theory occurring between ages three and six, where the child's libido is focused on the genital area, leading to identification with the same-sex parent.

Reaction Formation

Reaction formation is a psychological defense mechanism in which an individual acts in a manner opposite to their actual feelings or desires.

Defense Mechanism

A psychological strategy unconsciously used to protect a person from anxiety arising from unacceptable thoughts or feelings.

Anal Stage

In Freudian psychology, a phase of child development characterized by focus on anal functions and the resultant conflicts.