Asked by Perla Arceo-Valencia on May 09, 2024
Verified
In the fast food market, McDonald's would be considered a(n)________ competitor to sandwich chains such as Subway and Jimmy Johns.
Direct Competitor
Companies that offer the same products or services to the same target market and customer base, competing within the same industry.
- Distinguish between direct and indirect competition within the market.
Verified Answer
NS
Learning Objectives
- Distinguish between direct and indirect competition within the market.