Inde Air Inc., a major airline, launches promotional schemes at regular intervals to increase its market share and counter the schemes launched by another airline, FlySky Inc. In the context of the value net model, which of the following best represents the relationship between Inde Air and FlySky?

Question

Quizplus · Accepted Answer

Inde Air and FlySky are competitors as they are vying for the same market share and launching promotional schemes to counter each other. The value net model considers competitors as companies that are in direct competition with each other, influencing each other's strategies and decisions.