A company's close competitors are ________.
A) considered "bad" competitors
B) a serious threat and hence, must be attacked rather than ignored
C) those that most resemble the company's operations
D) typically ignored as they seldom pose any threat
E) the sole focus of successful companies

Question

Quizplus · Accepted Answer

Close competitors are those that most resemble the company's operations, as they offer similar products or services and target similar markets, making them the most direct competition.

A Company's Close Competitors Are ________