BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Entrepreneurs must seek strategies and methods that will differentiate them from current competitors and potential future competitors.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -A competitor analysis is important because: It will help you recognise how you can enhance your own business strategy. It will tell you how you can out-do your competitors in these areas to keep your customer attention. Resulting in a competitive edge over others in your sector.
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