Competitive __________ Is the Process of Gathering Information About the Competitive

question 6

Short Answer

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

---

Definitions:

Adam Smith

A Scottish economist and philosopher, best known for his book "The Wealth of Nations," in which he laid the foundations of classical free market economic theory.

Karl Marx

A 19th-century philosopher, economist, and political theorist best known for his theories about capitalism and communism.

Plant And Equipment

Refers to the tangible assets that are used in the operation of a business or industry including machinery, buildings, and vehicles.

Society Control

Mechanisms, processes, and institutions through which societies regulate behavior and maintain order, stability, and cohesion.