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1. Choose a well-known company that you know of, and answer the following questions about it:a. Is this mainly a product-based or service-based business? (1.0 points)b. What type of good or service is this company best known for? (1.0 points)c. What makes the company different from its competitors? (1-3 sentences. 3.0 points)d. Why do you think this company became successful? Describe at least one reason. (1-5 sentences. 2.0 points)2. Choose a different well-known company that you know of, and describe its direct and indirect competitors. Describe at least 2 direct competitors and 2 indirect competitors. (1-5 sentences. 4.0 points)