2007-04-18 05:45:53 · 2 answers · asked by Anonymous in Business & Finance ➔ Small Business
The same as in a big business:
Other providers of the same goods or services that the business offers.
2007-04-18 05:54:20 · answer #1 · answered by flywho 5 · 0⤊ 0⤋
That depends upon if the product or service is a requirement for human survival (food related) or a luxury item. If it's a luxury item (something that someone doesn't have to buy), then the competition would include not only other providers of this but EVERYTHING else that a person might do with their money. In other words, if your business is a jewelry business and you are sellingn $1000 rings, then your competiton would include everything else that someone could do with that amount of money.
Business isn't simple.
2007-04-18 14:01:15 · answer #2 · answered by jdkilp 7 · 0⤊ 0⤋