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Foreign and Domestic Business Competition: Definition and Regulations

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is a trend that has increased competition between companies for market share and sales?

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1. Which of the following is an example of competitive analysis research?

2. If a spa offers a unique experience of underwater massage that can only be found at their location, this is an example of which of the following?

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About This Quiz & Worksheet

Examining the challenges businesses must face in the global arena, this quiz and corresponding worksheet will help you gauge your knowledge of business competition domestically and internationally. Topics you'll need to know to pass the quiz include understanding various trends that create competition between companies.

Quiz & Worksheet Goals

Use this printable worksheet and quiz to review:

  • Trend that has increased competition between companies for market share
  • Cause of global competition increase
  • What global competition focused on to gain customers

Skills Practiced

This worksheet and quiz will let you practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related business competition lesson
  • Interpreting information - verify you can read information regarding the benefits of global competition and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the features of competitive analysis research

Additional Learning

To learn more about what how to survive today's tough competition, review the corresponding lesson Foreign and Domestic Business Competition: Definition and Regulations. This lesson will help you:

  • Identify the aspects comprising the marketing environment
  • Understand what businesses must consider when developing a plan of action
  • Describe what each of the six features of the marketing environment involve
  • Appreciate what has led to an increase in competition within the U.S.
  • Show how a company can survive in today's marketplace
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