2 (p. 42) Gathering ‘competitive intelligence’ A. is good business practice. B. is illegal. C. is considered unethical. D. minimizes

2 (p. 42) Gathering "competitive intelligence" A. is good business practice. B. is illegal. C. is considered unethical. D. minimizes the need to obtain information in the public domain.

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  1. Gathering "competitive intelligence" is good business practice.

    Option: A

    Explanation:

    The outcome of an attempt by a organization to accumulate and evaluate knowledge about its market, business climate, rivals and competitive goods and services, is understood as competitive intelligence. The method of collecting and evaluating data will help a corporation establish its plan or recognize market gaps. It is taken as a good business practice because it make awareness of competition in market which helps in set up of mind and making strategy. Ethics is one of the subjects used in such competitive intelligence.

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