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    Question

    A bank conducting quarterly competitor analysis is

    strengthening its:
    A Product elimination Correct Answer Incorrect Answer
    B Competitive intelligence Correct Answer Incorrect Answer
    C Harvesting Correct Answer Incorrect Answer
    D Production efficiency Correct Answer Incorrect Answer
    E Undifferentiated targeting Correct Answer Incorrect Answer

    Solution

    Monitoring competitors supports strategic positioning. Why others are incorrect: Elimination removes products; Harvesting reduces investment; Production efficiency focuses operations; Undifferentiated ignores segments. Banking Example: Tracking competitor loan offers.

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