Which of the Following Types of Competition Can Be Defined

question 36

Multiple Choice

Which of the following types of competition can be defined as products or services that the customer views as fulfilling the same need?

• A)product form competition
• B)product category competition
• C)generic competition
• D)budget competition

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Definitions:

Produce Information

The process of generating or creating data, facts, or details that are useful or necessary for a specific purpose or audience.

Accept Data

The process by which data is received and processed by a system or application for further use.

Installing Software

The process of adding new software or programs to a computer system so that they become operational.

Hardware

Physical components and devices that constitute a computer system or network, such as processors, memory devices, and peripherals.