Competition: Business strategy • English Conversation Questions

What is your definition of competition in a business context?
How important is competition in shaping business strategy?
What are some examples of successful business strategies that were built around competition?
How do companies use market research to understand their competition?
What role does innovation play in staying competitive in business?
What are some common mistakes companies make when trying to outcompete their rivals?
How do companies decide whether to compete on price or quality?
What is the role of branding in creating a competitive advantage?
How does a company’s size affect its ability to compete in the market?
What are some strategies for staying competitive in a rapidly changing market?
How can companies create a sustainable competitive advantage?