________ refers to gathering information about competitors that allows managers to anticipate competitors' actions rather than merely react to them.
A) Due diligence
B) Competitor intelligence
C) Data aggregation
D) Value analysis

Question

Quizplus · Accepted Answer

Competitor intelligence refers to the process of gathering information about competitors in order to gain insights into their strategies, strengths, and weaknesses. This information enables managers to anticipate competitors' actions and develop effective strategies to outmaneuver them. Due diligence refers to the process of researching and verifying information about a business or person, typically conducted before a transaction or investment. Data aggregation involves collecting and organizing large amounts of data from multiple sources. Value analysis is a methodical process of evaluating the worth or utility of a product or service.

________ Refers to Gathering Information About Competitors That Allows Managers