Description
Competitor analysis provides both an offensive and a defensive strategic context for identifying
opportunities and threats. The offensive strategy context allows firms to more quickly exploit
opportunities and capitalize on strengths. Conversely, the defensive strategy context...
Description
In today’s increasingly competitive market, it is no longer enough to understand customers for a firm to succeed. Firms must pay close attention to their competition. They need to constantlycompare their products, prices, channels and promotional efforts with their close competitors...