Question

Umpqua's vision is "to become the world's greatest bank." The company sees its competitors as other financial institutions that perform banking services. This is taking a _________ of its competition.

Answer 1

Answer:

This is taking a industry point of view of its competition.

Explanation:

The statement shown in the question above presents an industry point of view regarding competition. This view was established based on the market in which both Umpqua and competitors are established. The industry's point of view in relation to the market is that the company defines that its competitors offer a product very similar to yours and that is capable of satisfying its customers efficiently, in the same way as the product produced by you same.