What are the four categories of sources for international competitive information?

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Study for the CGBP Test. Prepare with flashcards and multiple choice questions — each question has hints and explanations. Get ready for your exam!

The correct choice highlights four fundamental categories of sources for international competitive information: Trade Statistics, Company info, Public information, and Interviews.

Trade Statistics provide quantitative data on imports, exports, and trade flows that are critical for understanding market dynamics and industry trends in different countries. This information helps businesses gauge their position in the global market and identify potential opportunities or threats.

Company information encompasses details about competitors, industry players, market share, and corporate strategies. This enables businesses to perform thorough competitive analysis and benchmarking, which are essential for strategic decision-making.

Public information includes data that may be available from governmental agencies, regulatory bodies, or other public entities. This could encompass regulations, compliance requirements, or demographic data that is crucial for navigating foreign markets.

Interviews, particularly with industry experts, customers, and other stakeholders, allow companies to gain qualitative insights and deeper understanding of market conditions and competitor strategies.

The other options presented do contain relevant elements, but they do not comprehensively cover the broad categories of sources used specifically for accessing competitive information on an international scale. Market research and consumer opinions are indeed valuable for understanding customer behavior and demand but are more focused on market sentiment rather than direct competitive analysis. Similarly, while financial reports and academic journals contribute to building expertise and

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