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University of South Florida Advantages of Knowing and Studying Your Competition Questions

 

I’m stuck on a Marketing question and need an explanation.

1- What are the advantages of knowing and studying your competition? (.5 mark)

2- What are direct, potential, indirect and replacement competitors? Can you think of competitors for Coca-Cola fitting each type? (2 marks)

3-Why is it important to gather keywords when you are studying your competition? (.5 mark)

4- What are different ways to identify your competition? Demonstrate how you can use some of those ways to identify the competition of Ahlia University (2 marks)

https://onceinteractive.com/blog/how-to-identify-your-competitors/