Owen developed a new app that has been doing pretty well but he is interested in determining what products or services competitors are offering to customers. In order to do this, Owen could look at the ______ as part of his situational analysis.

Question

Owen developed a new app that has been doing pretty well but he is interested in determining what products or services competitors are offering to customers. In order to do this, Owen could look at the ______ as part of his situational analysis.

(1 point)
Responses

product situation

product situation

influencer situation

influencer situation

competitive situation

competitive situation

conditional situation

conditional situation

Answer 1

competitive situation

Answer 2

To determine what products or services competitors are offering, Owen should look at the competitive situation as part of his situational analysis. This involves researching and analyzing the competitive landscape to gather information about the products, services, pricing, marketing strategies, and other relevant aspects of his competitors' businesses.

Answer 3

Owen developed a new app that has been doing pretty well but he is interested in determining what products or services competitors are offering to customers. In order to do this, Owen could look at the ______ as part of his situational analysis.

competitive situation

The correct answer is "competitive situation."