Competitive Strategy Interview Question:

What is competitor myopia?

Submitted by: Administrator

1. Company is focused only on the one major competitor.
2. Company is too focused on the major competitors.
3. Immediate competition blinds a company to latent competitors who can destroy the old ways of doing business.
4. All of the above
5. None of the above

Answer: Immediate competition blinds a company to latent competitors who can destroy the old ways of doing business.
Submitted by: Administrator