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Which of the following pairs of businesses are examples of direct competitors*2 pointsPepsi Varun Beverages and Hally’s Homemade CardsHot n’ Spicy Wings and Southern Fried Chicken HouseJTE Clothes Boutique and Carla’s HardwareModern Dry Cleaning and Trotterman Accounting Services

Question

Which of the following pairs of businesses are examples of direct competitors*2 pointsPepsi Varun Beverages and Hally’s Homemade CardsHot n’ Spicy Wings and Southern Fried Chicken HouseJTE Clothes Boutique and Carla’s HardwareModern Dry Cleaning and Trotterman Accounting Services

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Solution

The pair of businesses that are examples of direct competitors are "Pepsi Varun Beverages and Hally’s Homemade Cards" and "Hot n’ Spicy Wings and Southern Fried Chicken House". These businesses are in the same industry and offer similar products or services to customers.

Here's the step-by-step reasoning:

  1. Pepsi Varun Beverages and Hally’s Homemade Cards: These two are not direct competitors because they are in different industries. Pepsi Varun Beverages is in the beverage industry, while Hally’s Homemade Cards is in the card-making or craft industry.

  2. Hot n’ Spicy Wings and Southern Fried Chicken House: These two are direct competitors because they are both in the food industry, specifically the fast food or restaurant industry. They offer similar products (chicken wings) to customers.

  3. JTE Clothes Boutique and Carla’s Hardware: These two are not direct competitors because they are in different industries. JTE Clothes Boutique is in the clothing or fashion industry, while Carla’s Hardware is in the hardware or home improvement industry.

  4. Modern Dry Cleaning and Trotterman Accounting Services: These two are not direct competitors because they are in different industries. Modern Dry Cleaning is in the cleaning or laundry industry, while Trotterman Accounting Services is in the accounting or financial services industry.

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