5 Questions
Analyzing competition helps to identify the strengths and weaknesses of the ______ within the target market.
competitors
Strategies that offer distinct competitive advantage can be developed based on the analysis of ______.
competition
Barriers can be developed to prevent ______ from entering the intended market.
competition
The analysis also helps to identify any weaknesses that can be utilized in the ______ cycle.
product development
Direct and indirect ______ should be considered in a competitive analysis for a startup business.
competition
Test your knowledge on competition and industry analysis with this quiz. Learn about the strengths and weaknesses of competitors, strategies for gaining a competitive advantage, and barriers to avoid competition. Identify weaknesses and develop effective market entry strategies.
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