BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
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Part of addressing competitive threats is to monitor and stay one step ahead of your competition-tracking, analyzing, and integrating everything you know about your competitors into the analytics of your own company.
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Environment
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Competition
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Customers
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Explanation:
Detailed explanation-1: -Defining a market, knowing your relative performance on the competitive landscape and driving healthy, repeatable customer experiences are all vital elements of competitor analysis. The last important part of a competitor analysis framework is the messaging around the good or service itself.
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