Podcast
Questions and Answers
What is the purpose of the 'COMPETITION ANALYSIS TEMPLATE'?
What is the purpose of the 'COMPETITION ANALYSIS TEMPLATE'?
- To identify venture group members and course details
- To list out the products or services offered by a venture
- To create a template for a business plan
- To analyze potential competitors in a market (correct)
What information is likely to be included in the 'Group NO' field?
What information is likely to be included in the 'Group NO' field?
- The number of members in the group
- The course section number
- A unique identifier for the group or team (correct)
- The year the group was formed
What is the purpose of the 'Year, Course and Section' field?
What is the purpose of the 'Year, Course and Section' field?
- To list the years of experience of the group members
- To indicate the target market for the venture
- To specify the location and time of the competition
- To provide details about the academic program and class (correct)
Which of the following is NOT a typical component of a competition analysis template?
Which of the following is NOT a typical component of a competition analysis template?
Based on the information provided, what can be inferred about the purpose of this template?
Based on the information provided, what can be inferred about the purpose of this template?