144k views
1 vote
Companies that market products with similar features, benefits, and prices to the same customer group are known as _________ competitors.a) genericb) productc) brandd) total budgete) monopolistic

User Rnso
by
7.9k points

1 Answer

0 votes

Answer: Brand competitors.

Step-by-step explanation:

Companies competing for consumers of their products in a

market where both companies offer similar products for sales are known as brand competitors.

Brand competitors are business competitors which offer similar products/services to a target market, where each business is trying to gain higher number of consumers for their products than their competitors.

User Shaune
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.