Answer:
The answer is: E Number of business competitors.
Explanation:
The number of competitors in the market area where you plan to establish, in relation to the potential market, will give you an indicator of the need of a business of the business you want to establish in that area. Of course, if existing companies are not providing adequate services or products, a new competitor will have to capture a substantial part of the market.
When identifying competitors, it is important to know that they can be direct or indirect. It's easy to know who your direct competitors are, since they sell the same product or service as you.
On the other hand, indirect competitors are those that sell products or services to their market, although not exactly the same.
The answer is: E Number of business competitors.
