Organizations analyze the structure of their industry,and,using that analysis,they formulate a competitive strategy.

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Organizations often conduct industry analysis to understand the competitive landscape, identify opportunities and threats, and develop a competitive strategy that can help them gain a competitive advantage. Industry analysis helps organizations to identify potential competitors, understand their strengths and weaknesses, and anticipate their moves, which can help them to position themselves more effectively in the market. Based on the analysis of the industry, organizations can formulate a competitive strategy that can help them to achieve their goals and objectives.

Organizations Analyze the Structure of Their Industry,and,using That Analysis,they Formulate