Which of the following is an example of direct competition?
A) Coca-Cola competing with milk for a share of the beverage market
B) Iam's cat food competing with Meow Mix cat food for share of the cat food market
C) Air Canada competing with VIA Rail for share of the transportation market
D) Wine coolers competing with beer for share of the beverage market
E) Cheerios competing with Dad's Cookies for share of the breakfast food market

Question

Quizplus · Accepted Answer

Direct competition occurs when businesses offer the same or very similar products or services. Iam's cat food and Meow Mix cat food are both cat food brands, making them direct competitors in the cat food market.

Which of the Following Is an Example of Direct Competition