Action Shoes is a company that manufactures shoes.It has a lot of competitors in the market.However,it only builds its strength around market segments that the other companies avoid.It can be said that Action Shoes understands the ________ among its competitors.

Question

Quizplus · Accepted Answer

Understanding the nature of rivalry among its competitors means Action Shoes knows how its competitors operate in the market and how it can differentiate itself from them. By focusing on market segments that its competitors avoid, it can build its strength in those areas and create a unique selling proposition.

Action Shoes Is a Company That Manufactures Shoes