T1 Competition and U1 Review

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Business StudiesSecondary Education

This lesson contains 20 slides, with interactive quizzes and text slides.

time-iconLesson duration is: 50 min
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Slide 5 - Link

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Are the two brands in competition?
A
Yes, they are.
B
No, they're not!
C
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D
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Slide 7 - Quiz

No, they aren't because they don't have similar products and their prices are not the same. 
Do they have the same target market? 

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A
Yes, they are.
B
No, they aren't!
C
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D
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Are they in competition? Why/ Why not? 

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Netflix and Amazon Prime- Around $ 13

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Netflix and Amazon Prime- Around $ 13

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Benefits of Competition to <b style="color: rgb(236, 72, 77)">Businesses</b>
Benefits of Competition to <span style="color: rgb(236, 72, 77); font-weight: bold">Customers</span>
Good customer service.
Increased market share.
More choices of products.
Can make more profit.
Prices will be lower and fair. 
 Can sell more products.

Slide 13 - Drag question

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I know two benefits of competition to businesses and customers.
😒🙁😐🙂😃

Slide 19 - Poll

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