BUISENESS MANAGEMENT
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To help to find your competitive Advantage you can create?
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Computer forecast
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Competitive grid
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Competitive profile
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None of the above
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Explanation:
Detailed explanation-1: -A competitive matrix is a way to visualize your competitor analysis. There are different kinds of competitive matrices you can use to compare yourself to your competitors. You can use a competitive matrix to identify strengths, weaknesses, opportunities, or threats to your company.
Detailed explanation-2: -A competitive matrix is a type of competitive analysis tool, which helps you learn about your market segment and identify opportunities. This in turn differentiates your brand from competitors, aids in creating better products, and helps in developing stronger marketing strategies.
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