what ways a company can identify its competitors.

Q: discuss how using aa low-cost strategy, response strategy and differentiation strategies can give a…

A: Competitive Advantage can be described as any advantage that a particular company gets over its…

Q: Is it reasonable to charge the company' saleeforce with Simueltaneously building and holding market…

A: Salesforce consists of people who sell a product or service on behalf of a company. They persuade…

Q: What are its advantages?

A: Over the past decades, rapid technological advancements have paved the way for transformative…

Q: To identify the most attractive target markets for a business, what should we look for first? Why?

A: Having a well-defined target market is more important than ever, given the current state of the…

Q: Identify the four stages of marketsegmentation.

A: Market Segmentation is to break up the business into groups of similar and different features. It…

Q: Do we need research on how different businesses use IT?

A: Information Technology (IT) refers to the use of technology to manage, process, store, and…

Q: What types of quantitative analysis are useful to analyze whether a company should take a successful…

A: Quantitative information is characterized as the worth of information as counts or numbers where…

Q: What are the main advantages of a market-oriented approach Why might a market-oriented approach be…

A: In market-oriented approach the organization’s core motive is to work for the satisfaction and needs…

Q: Why is it so important for a firm to identify its corecompetencies?

A: Every person have their positive and negative sides which can be useful for various situations. A…

Q: How is a business's products and services positioned relative to their competitors?

A: For companies looking to gain a competitive edge in today's dynamic and congested market, market…

Q: What is market share? How is it determined? How can a

A: Market share is the portion or percentage of a market earned by a company or an organization. or we…

Q: Describe the relationship between the three generic strategies and the five forces of competitive…

A: Generic strategy is the strategy used by companies to create competitive atmosphere. This strategies…

Q: How can customer service act as a competitive weapon?

A: Customer service: Customer service done right has the power to increase brand loyalty, customer…

Q: H&M Industry Analysis and Competitor Analysis

A: H&M: It is a global brand that operates in around 60 countries. It uses internationalisation…

Q: how does the effiency of the firm affect the concentration of the marke

A: Concentration ratio refers to the market share of the largest firms in an industry. For example, a…

Q: Outline how a takeover can create options for marketing opportunities for a business

A: The companies in order to take the opportunities of the foreign markets, expand themselves…

Q: How can we examine the relative strengths and weaknesses of a company compared with other companies?

A: Strengths and weaknesses of a company is described as the areas in which it excels and the areas in…

Q: How can a company use disintermediation to achieve a competitive advantage?

A: Disintermediation refers to the process of eliminating intermediaries in the supply chain, enabling…

Q: industry market potential and company sales potential.

A: Industry Market Potential: It refers to the whole size of the market that can be tapped to expand…

Q: How do the five forces of competition in an industry affect its profitability potential?

A: In today's highly competitive business environment, it is crucial for companies to understand the…

Q: What are the advantages of Market aggregation ?

A: Introduction :- Market aggregation is a marketing strategy that involves advertising products to a…

Q: How can the company differentiate its goods and/or services from those of its competitors?

A: The following is the response:

Q: Compare and contrast industry market potential and company sales potential. How is an estimate of…

A: Mаrketing  mаy  be  defined  аs  thоse  рrоmоtiоnаl  оrgаnizаtiоnаl  асtivities  whiсh  helр  in…

Q: Why is the Xerox training program so important to the company’s success?

A: Xerox also known As Xerox Corporation is an America based multinational company that develops and…

Q: How is strategic cost management information useful in strategic management of a firm?

A: Strategic costs management is all about decreasing the total costs when any business is maintaining…

Q: What strategies can small-scale producers adopt to compete with corporations that have very large…

A: Marketing strategies can be defined as the plan drafted by an organization to convert consumers into…

Q: What is the best way to assess the threats posed by potential competitors

A: Competitive analysis is an important activity done by the business firm to revive itself in the…

Q: How can a firm conduct a competitive analysis to understand brand's position in the market and…

A: Concept Introduction :- Competitive analysis is the process of evaluating the strengths and…

Q: What does it mean for a firm to have a competitive advantage? What gives a firm a competitive…

A: Companies use different strategies to be ahead of their competitors and sell products and services…

Q: What guides an organization's internal conduct as well as its relationship with its customers,…

A: About internal conduct meaning -Internal conduct refers to the geste, conduct, and practices…