An Intelligence System That Helps Managers Assess Their Competition and Vendors

question 196

Multiple Choice

An intelligence system that helps managers assess their competition and vendors in order to become more efficient and effective competitors is called:

• A) competitive research
• B) competitive intelligence
• C) industrial espionage
• D) an audit
• E) differential competitive advantage

---

Definitions:

International Trade

The exchange of goods and services between countries, driven by comparative advantages and resulting in increased economic efficiency and wealth.

World Output

The total production of goods and services by all countries in the world over a specified period.

Consumption Levels

The quantity of goods and services that individuals or communities use or consume.

Domestic Price

Domestic price refers to the price of goods or services within a country's borders, influenced by domestic supply and demand, taxes, and subsidies.