In the context of competitor analysis,which of the following formulas is used by a business to calculate the performance gap?
A)Business Performance − Competitor Performance
B)Business Performance - Total Production and Marketing Costs
C)(Market-Based Performance - Operating Performance)/ Average Competitor Performance
D)Potential Business Performance - Actual Business Performance
E)Business's Relative Performance - Average Performance of Top Three Competitors

Question

Quizplus · Accepted Answer

The performance gap is calculated by subtracting the competitor's performance from the business's performance. This helps in understanding how far behind or ahead a business is in comparison to its competitors.

In the Context of Competitor Analysis,which of the Following Formulas