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Competitive marketing Flashcards | StudBud
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Competitive marketing
Competitive marketing
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marketing concepts that deal with competitions between businesses
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Competition with other businesses without using prices to get customers is
Price competition
Direct competition
Nonprice competition
Indirect competition
2
Which is an example of Direct competition?
KFC vs. Pizza Hut
Apple vs. Nike
McDonald's vs. Burger King
Burger king vs. Nike
3
Indirect competition is a competition between business that offer
products that are different but satisfy the same needs
Products that do not satisfy the same needs
The same products
Completely different products
4
Which is a benefit of competition?
Products stay the same
Encourages product improvements
Companies make the same products
Small variety of products
5
Which below isn't a type of competition we talked about?
This is not the answer, do not click it
Direct Competition
Nondirect Competition
Nonprice Competition
6
Businesses creating new product ideas is a benefit of marketing.
False
True
7
Price competition lures in customers through what means?
All of the other answers combined into one true answer
Great Bargains
Fantastic Deals
Reduction in prices
8
Which below is an example of non price competition?
My burger is better when it's C H E A P
My burger is better when it's a F O R T U N E
Money B U R G E R
My burger is better when it's high quality and ecofriendly
9
What is an example of indirect competition?
KFC vs. Apple
Apple vs. Nike
Pizza Hut vs. Burger king
Nike vs. Pizza Hut
10
A direct competition is a competition between businesses that offer different products
False
True
