Job Interview Questions and Answers
Question 66: Do you know who our major competitors are?
You do not want to answer this question "No." In fact, being able to discuss who their competitors are in-depth can only help you get the job. You need to research this question before the interview and know who their top competitors are.
A good answer: "Yes, your three major competitors are A, B, and C. Currently, you are the industry leader, however, B has plans to enter the X sector and challenge your dominance in this market." You might want to learn about each company's strengths and weaknesses as well. If they are publicly traded companies, you can learn more about them by examining their SEC papers.
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