Select the combination of the following statements that are
all TRUE with regards to why a
competitor analysis should be done by an organisation.

(1) To
get information to plan for diversification and/or expansion .

(2) As
a method to study the market, patterns, and trends.

(3) To
help with development and formulation of a strategy.

(4) As
a method to study forthcoming trends in the industry.

(5) To
get relevant information if the organisation can increase their
share in the market.

(a) Statements (1), (3) and (5)

(b) Statements (2), (3), (4), and
(5)

(c)
Statements
(1), (3), (4), and (5)

(d) Statements (1), (2), (3), (4),
and (5)

Question

Select the combination of the following statements that are
all TRUE with regards to why a
competitor analysis should be done by an organisation.

(1)    To
get information to plan for diversification and/or  expansion .

(2)    As
a method to study the market, patterns, and trends.

(3)    To
help with development and formulation of a strategy.

(4)    As
a method to study forthcoming trends in the industry.

(5)    To
get relevant information if the organisation can increase  their
share in the market.

(a)   Statements (1), (3) and (5)

(b)   Statements (2), (3), (4), and
(5)

(c)  
 Statements
(1), (3), (4), and (5)

(d)   Statements (1), (2), (3), (4),
and (5)

Answer

Statements (1), (3) and (5)

Answer

Statements (1), (3), (4), and (5)

Answer

Statements (2), (3), (4), and (5)

Answer

Statements (1), (2), (3), (4), and (5)

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