What entails developing schematic representations that reflect how products or services compare to competitors',on the dimensions that are most important to success in the industry?

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Developing schematic representations that reflect how products or services compare to competitors on the dimensions that are most important to success in the industry is the process of positioning. The goal of positioning is to differentiate your product or service from your competitors and create a unique brand image in consumers' minds. This involves identifying key dimensions that are important to customers, such as price, quality, features, or customer service, and then developing a visual representation that shows how your product or service compares to competitors on each of these dimensions.

What Entails Developing Schematic Representations That Reflect How Products or Services