Competition and Industry Analysis Quiz

To find out the strengths and weaknesses of the competitors within the target market (correct)

To determine the distinct competitive advantage of the startup business

To develop barriers to avoid competition from entering the intended market

To identify weaknesses that can be used in the product development cycle

Categorizing competitors based on their impact on the startup business (correct)

Identifying weaknesses that can be used in the product development cycle

Determining the strategies that will offer distinct competitive advantage

Developing barriers to avoid competition from entering the intended market

Determining the distinct competitive advantage of the startup business (correct)

Developing barriers to avoid competition from entering the intended market

Identifying weaknesses that can be used in the product development cycle

Finding out the strengths and weaknesses of the competitors within the target market

<p>Because there is a need for investigation prior to knowing the competitors</p> Signup and view all the answers

<p>The distinct competitive advantage</p> Signup and view all the answers