Competition is an (1)..................... element in business that drives the conduct of the marketplace. In this current age of globalization, the survival of firms and the business as a whole has been made even more uncertain due to the increase in competition. This is making it more (2).................. to sustain a profitable business; hence the recent trend towards greater consolidation. This results in the ultimate beneficiary: the consumer. From the overall quality of the product down to the intricacies of pricing, all aspects offered by firms will improve as they fight to survive and gain an edge over their competitors.
Điền vào mục (1).........
test unit 10

Quiz
•
English
•
University
•
Medium
45- 10A1
Used 4+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
unnecessary
essential
demanding
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Competition is an (1)....... element in business that drives the conduct of the marketplace. In this current age of globalization, the survival of firms and the business as a whole has been made even more uncertain due to the increase in competition. This is making it more (2)............ to sustain a profitable business; hence the recent trend towards greater consolidation. This results in the ultimate beneficiary: the consumer. From the overall quality of the product down to the intricacies of pricing, all aspects offered by firms will improve as they fight to survive and gain an edge over their competitors.
Điền chỗ trống (2)........
difficult
easy
normal
3.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Knowing who your competitors are, and what they are_________, can help you to make your products, services and marketing stand out.
searching
offering
wanting
suffering
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your__________ could be a new business offering a substitute or similar product that makes your own redundant.
friends
competitor
competition
neighborhood
5.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
Phone and face-to-face_______ will also give you an idea of the style of the company, the quality of their literature and the initial impressions they make on customers.
contracts
context
contacts
connects
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. Our company always _ (analyze) our competitors to stay ahead in the market.
a) analyzes
b) analyze
c) analyzing
d) analyzed
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At them moment, they _ (launch) a product similar to ours in a festival of jobs.
launch
are launching
launched
launches
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