Answer:
Indirect Competition
Step-by-step explanation:
Coca-cola and Pepsi are producing a similar product, they are business competitors. Competitions in business are the strategies that companies which produce similar product or services apply to be ahead of each other. There are two types of competitions in business namely;
- Direct competition is a type of business competition where the competitors are in the same line of product and services as the company. Example of direct competition is McDonald and Starbucks, which are into the restaurant business.
- Indirect competition is the type of business competition which the competitors are not in serious rivalry with a product or service. In one way or the other, their product has some effect on the sales of the other company's product or service
Apple-bee and Chili met consumers' needs for a quick, tasty, and convenient meal which is played down by McDonald that focused more on the burger. Though the services of the three companies are to quench hunger, McDonald is only in indirect competition with the two companies.