Question

A firm must know its competitors' Blank______ in order to best set its own.
Multiple choice question.

revenues

prices

differentiators

demand

Answer 1

The most suitable option for the blank in the sentence would be "prices."

So the complete sentence would be: "A firm must know its competitors' prices in order to best set its own."

Knowing competitors' pricing is crucial for a firm to position itself effectively in the market.