ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The struggle between companies for customers.
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Demographics
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Competition
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Marketing
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Demand
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Explanation:
Detailed explanation-1: -Replacement competition is the most difficult competition to identify among competitors because they use the same resources of your product or service, but they offer something else.
Detailed explanation-2: -The competitor may be a company that sells the same products as you. Alternatively, it might be an activity, very different from yours, that competes for the same time or money. In either of these cases, it is your customers who define your competition because they are the ones making the choice-not you.
There is 1 question to complete.