_________________ offer(s)products considered very close substitutes for a company's current products and services.They operate in the same industry and are already known and part of a competitor analysis.
A) Direct competitors
B) Indirect competitors
C) Product use
D) Substitution
E) None of the above

Question

Quizplus · Accepted Answer

Direct competitors offer products considered very close substitutes for a company's current products and services. They operate in the same industry and are already part of a competitor analysis. Indirect competitors offer products or services that may be related or similar but not exact substitutes. Product use and substitution may be related concepts, but they do not specifically define competitors. Therefore, the best choice is A) Direct competitors.

_________________ Offer(s)products Considered Very Close Substitutes for a Company's Current