1.2.4 - The Competitive environment Flashcards Preview

GCSE Edexcel - Business definations and equations > 1.2.4 - The Competitive environment > Flashcards

Flashcards in 1.2.4 - The Competitive environment Deck (2)
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1

5 ways competitors are based on

- Price
-Quality
-Location
- Product range
-Customer service

2

Competitive environment

Refers to the lelve of and tpye of competrition a business faces in a market.