Match the term with its definition.
-The environment that focuses on the strength, position, and likely moves and countermoves of competitors in an industry
A)capabilities
B)competitive advantage
C)competitive environment
D)core competencies
E)cost-based strategy
F)differentiation-based strategy
G)entrepreneurial alertness
H)fatal flaw
I)feasibility analysis

Question

Quizplus · Accepted Answer

Competitive environment refers to the external factors and competitive landscape that affect a company's competitiveness within an industry. It involves analyzing competitors’ strengths, weaknesses, strategies, and likely moves, as well as identifying potential threats and opportunities.

Match the Term with Its Definition