Each quarter, Craig Anderson, who owns a chain of auto repair shops, does a detailed analysis of his firm's competitors. This analysis is called ________ analysis.
A) competitor
B) challenger
C) strategic
D) participant
E) industry

Question

Quizplus · Accepted Answer

Competitor analysis is the correct term for the detailed analysis of a firm's competitors, as it specifically focuses on understanding the strengths, weaknesses, strategies, and actions of competing businesses.

Each Quarter, Craig Anderson, Who Owns a Chain of Auto