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10 November, 04:53

Classify the following pair of products, services, or companies as direct competitors, indirect competitors, or noncompetitors.

- Two different brands of basketball shoes

- A can of soda pop and a calculator

- Potato chips and rice cakes

- A baseball cap and a straw hat

- A video game and a lawn mower

- A hardware store that sells batteries and a grocery store that sells batteries

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  1. 10 November, 05:06
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    Direct competitors - When two or more companies offer a similar product, they are competing for the same potential market.

    Indirect competitors - Products vary between two or more companies but their products could substitute for a consumer and fulfill their needs.

    Non-competitors - Products are different and can not substitute for one another making the company products not competitive.

    1) Two different brands of basketball shoes direct competitors

    2) A can of soda pop and a calculator non competitors

    3) Potato chips and rice cakes indirect competitors

    4) A baseball cap and a straw hat indirect competitors

    5) A video game and a lawn mower non competitors
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