In the Context of Competitive Analysis, ________ Offer Close Substitutes

question 45

Multiple Choice

In the context of competitive analysis, ________ offer close substitutes to the product the firm completing the analysis sells.

• A) potential competitors
• B) direct competitors
• C) indirect competitors
• D) impending competitors
• E) future competitors

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Definitions:

Training Objectives

The specific goals that a training program aims to achieve in terms of knowledge, skills, and abilities for the participants.

Needs Assessment

The systematic process of determining and addressing needs or gaps between current conditions and desired conditions or wants.

Conference Board of Canada

An independent, not-for-profit research organization that provides insights on economic trends, public policy, and organizational performance.

Critical Skills

Essential abilities or expertise necessary to perform job tasks effectively or to excel in a particular field.