What is a competitive analysis?

What is a competitive analysis?
Amelia Apr-29-2023 02:30:38
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A competitive analysis is a process in which an organization evaluates the strengths and weaknesses of its competitors in order to determine its own competitive advantages and disadvantages. This analysis includes researching factors such as pricing, product offerings, quality of service, and strategies used by competitors. A thorough competitive analysis can help organizations gain a better understanding of the market and develop strategies to maximize their success.
Barbara 407278766
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answered 22 Aug 2023

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