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Roman55 [17]
3 years ago
9

An intelligence system that helps managers assess their competition and vendors in order to become more efficient and effective

competitors is called:_______a) an auditb) industrial espionagec) competitive researchd) differential competitive advantagee) competitive intelligence
Business
1 answer:
Alex17521 [72]3 years ago
5 0

Answer:

Letter e is correct. <u>Competitive intelligence.</u>

Explanation:

A competitive intelligence system is based on the collection, processing and analysis of information about its competitors' characteristics and activities that will assist in better understanding of market scenarios, trends and technologies in order to more successfully achieve organizational goals and objectives.

By transforming data into information relevant to the decision-making process, organizations achieve competitive advantages relevant to long-term survival in an extremely competitive marketplace.

The advantages of having a competitive intelligence system is to analyze the internal and external forces related to the organization, gain the ability to anticipate market changes and competitors' actions, insertion in a new market and others.

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slega [8]
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6 0
3 years ago
How many days will it take for $1500 to earn $16 interest if it is deposited in a bank paying simple interest at the rate of 4%/
JulsSmile [24]

Answer:

97 days

Explanation:

In simple interest method, the interest is calculated by the following formula

I= P x R x T

I= interest

P = principal amount

R =interest rate

T= Time

In this case

I=$16

P=$1500$

R= 4% or 0.04%

T= time

$16= $1500 x 0.04 x Time

$16 =60 x Time

Time = 16/60

time = 0.2666 year.

time in days =  0.26666 x 365 days

=97.333 days

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8 0
3 years ago
In preparation for introducing a new doll to the market, a toy company advertises and creates so much demand that little girls a
maxonik [38]

Answer:

Price Skimming

Explanation:

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3 0
3 years ago
How many National Officers currently serve BPA?<br> O 8<br> 06<br> 09<br> 010
sukhopar [10]

Answer:

8

Explanation:

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3 years ago
In an effort to make better and more efficient purchase decisions, the Ford Motor Co. includes various people, depending on the
expeople1 [14]

Answer:

Buying Center.

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7 0
3 years ago
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