Question
Dave owns a soda and cookie shop. Match the businesses to the correct competition type. Bakery Shaved ice truck Direct competition Fast-food restaurant Indirect competition Convenience store
Answer
4.6
(270 Votes)
Naomi
Master · Tutor for 5 years
Answer
1. Bakery - Direct competition2. Shaved ice truck - Indirect competition3. Fast-food restaurant - Indirect competition4. Convenience store - Indirect competition
Explanation
Direct competition refers to businesses that offer similar products or services and aim to attract the same customer base. Indirect competition refers to businesses that may not offer the same exact products but still fulfill similar consumer needs, thus competing at some level.1. Bakery: It can be seen as direct competition because it sells similar products like cookies and other baked goods.2. Shaved ice truck: This falls under indirect competition since it offers a different product, but both target people looking for treats.3. Fast-food restaurant: Another form of indirect competition because it caters to people who want quick and convenient food options.4. Convenience store: Also indirect competition, as it provides other items that may satisfy similar consumer needs but isn't specialized in soda and cookies.