you own an ice - cream and donut shop. you have a short list of competitors. classify each business type as…

you own an ice - cream and donut shop. you have a short list of competitors. classify each business type as direct competition or indirect competition. note: you will receive partial credit for each correct selection. business direct competition indirect competition bakery fast food restaurant supermarket

you own an ice - cream and donut shop. you have a short list of competitors. classify each business type as direct competition or indirect competition. note: you will receive partial credit for each correct selection. business direct competition indirect competition bakery fast food restaurant supermarket

Answer

Brief Explanations:

Direct competition offers similar products to the same target - market. Indirect competition offers different products that can satisfy the same need. A bakery may sell donuts similar to those in an ice - cream and donut shop, so it's direct competition. Fast - food restaurants and supermarkets offer a wider range of products and may attract customers for different reasons, so they are indirect competition.

Answer:

Bakery: Direct Competition Fast food restaurant: Indirect Competition Supermarket: Indirect Competition