Question

dakari, ceo of a successful medical supply company, is constantly reading press releases and news articles about his competition. he regularly checks information about new competitive products and visits trade shows to study his competition. dakari is

Answer 1

In putting in so much effort to find out about his competition and the products they offer, Dakari is most likely a. evaluating opportunities

There are several ways to learn about new opportunities in the market and some of them include:

• Finding out what your customers want
• Finding out what the trends your industry is moving towards
• Finding out what your competitors are up to

Your competitors will constantly be trying to make better products in order to capture more market share. You can therefore look at what they are doing to find out what new thing you can be doing.

This is what Mr. Dakari is doing so we can conclude that he is evaluating opportunities.

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