123k views
1 vote
Competitive intelligence means gaining information about one's competitors' activities so that you can anticipate their moves and react appropriately. For example, managers gain competitive intelligence by reading business publications in order to understand competitors' business plans, goals, and strategies.True / False.

1 Answer

3 votes

Answer:

TRUE

Step-by-step explanation:

The reason is that the market research, product assessments and the competitive intelligence are carried out to assess the strategy of the competitors. This results in the increase in the competition and market success of the company.

User Alon Laniado
by
6.7k points