contestada

Classify the following pair of products, services, or companies as direct competitors, indirect competitors, or noncompetitors.


- Two different brands of basketball shoes


- A can of soda pop and a calculator


- Potato chips and rice cakes


- A baseball cap and a straw hat


- A video game and a lawn mower


- A hardware store that sells batteries and a grocery store that sells batteries

Respuesta :

Direct competitors - When two or more companies offer a similar product, they are competing for the same potential market. 
Indirect competitors - Products vary between two or more companies but their products could substitute for a consumer and fulfill their needs. 
Non-competitors - Products are different and can not substitute for one another making the company products not competitive. 

1) Two different brands of basketball shoes direct competitors 
2) A can of soda pop and a calculator non competitors 
3) Potato chips and rice cakes indirect competitors 
4) A baseball cap and a straw hat indirect competitors 
5) A video game and a lawn mower non competitors 

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