The Main Purpose of Competitive Intelligence Is To

question 18

Multiple Choice

The main purpose of competitive intelligence is to:

• A)Forecast competitors' behavior
• B)Assess competitors' resources and capabilities
• C)Signal to competitors in order to influence their behavior
• D)Gain access to competitors' trade secrets

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Definitions:

Computer

An electronic device capable of processing and storing data according to instructions from software applications.

Specific Performance

A legal remedy requiring a party to perform their specific duties under a contract, rather than paying damages.

Letter Offering

A letter offering is a formal document or communication extending an offer, such as employment or the purchase of real estate, to someone, detailing the terms of the offer and next steps for acceptance.

Book Collection

An accumulation of books gathered for a specific purpose, interest, or theme, often organized and maintained by an individual or institution.