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31 August, 01:25

Competitive intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making. True or False True False

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  1. 31 August, 01:26
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    Answer: False

    Explanation: The statement given in the above question relates to business intelligence.

    Competitive intelligence is used by the managers and executives to implement strategic decision making effectively. In competitive intelligence, the gathering and analyzing of customers and competitors is done and not of partners and industries etc.

    Thus, the above statement is false.
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