Question

Baked delights is a startup bakery. to set up its own business standards, it recently collected data on the quality and pricing of the products of sweet tooth, the largest and most popular bakery in the region. this is an example of _____.

Answer 1

This is an example of competitive analysis or competitor research.

This is the process of learning about your competitors by understanding their products and processes and how they compare to you.

Let me know if you have any questions.