ESB Lesson 7 Vocabulary - Competitive Advantage

ESB Lesson 7 Vocabulary - Competitive Advantage

9th - 12th Grade

20 Qs

quiz-placeholder

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ESB Lesson 7 Vocabulary - Competitive Advantage

ESB Lesson 7 Vocabulary - Competitive Advantage

Assessment

Quiz

Business, Other

9th - 12th Grade

Practice Problem

Medium

Created by

Lisa Emerson

Used 8+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Match the definition to the vocabulary word:

The ability and willingness to change actions and plans

to overcome present and future challenges.

Flexibility and Adaptability

Differentiate

Competitor

Competitive Matrix

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Match the definition to the vocabulary word:

A business that is trying to do better than others in the same or similar market.

Direct Competitor

Differentiator

Competitor

Indirect Competitor

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Match the definition to the vocabulary word:

Something that puts your business ahead of the competition.

Differentiator

Competitive Advantage

Industry

Strong Direct Competition

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Match the definition to the vocabulary word:

A business that sells similar products or services.

Competitor

Indirect Competitor

Strong Direct Competitor

Direct Competitor

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Match the definition to the vocabulary word:

Grid used to compare characteristics of your business with those of your direct competitors.

Differentiator

Competitive Matrix

SWOT Analysis

Global Economy

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Match the definition to the vocabulary word:

What you charge customers for your product or service

SWOT Analysis

Price

Global Economy

Quality of Service

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Match the definition to the vocabulary word:

A business evaluation method that focuses on four categories: Strengths, Weaknesses, Opportunities, and Threats

SWOT Analysis

Location

Global Economy

Competitor

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