Within the company situation analysis what step must be done right before the conclusion concerning competitive position?
A)Assessment of competitive strength and identification of competitive advantage
B)Assessment of the present strategy based on performance
C)Determination of the issues and problems that need to be addressed
D)SWOT analysis

Question

Quizplus · Accepted Answer

Before reaching a conclusion about the competitive position, it is necessary to assess the competitive strength and identify the competitive advantage of the company. This step helps to understand the strengths and weaknesses of the company in relation to its competitors and identify areas where it may have an advantage or disadvantage. Only after this assessment can a conclusion be made regarding the company's competitive position.

Within the Company Situation Analysis What Step Must Be Done