This is the reason that best benefits the decision to conduct competitor analysis.
A. It determines product competitive advantages and disadvantages
B. It seeks rival's business strategies
C. It understands how competitors respond to changes in products.
D. It determines competitor's pricing strategy.
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Answer:
C. It understands how competitors respond to changes in products.
Explanation:
to understand your competitors' strengths and weaknesses in comparison to your own and to find a gap in the market.
Explanation:
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