(i) Study competitors’ literature and “benchmark” their products and services.
(ii) Get competitors” credit reports.
(iii) Check out the local library.
(iv) Use the World Wide Web to learn more about competitors.
(v) Visit competing businesses to observe their operations
(vi) Monitor industry and trade publications.
(vii) Talk to customers and suppliers.
(vii) Listen to employees, especially sales representatives and purchasing agents.
(viii) Attend trade shows and conferences.
maurice.mutuku answered the question on August 2, 2019 at 13:06
-
Highlight the activities Incorporated by Industry and Competition analysis
(Solved)
Highlight the activities Incorporated by Industry and Competition analysis
Date posted:
August 2, 2019
.
Answers (1)
-
Define Competition analysis
(Solved)
Define Competition analysis
Date posted:
August 2, 2019
.
Answers (1)
-
Define Industry analysis
(Solved)
Define Industry analysis
Date posted:
August 2, 2019
.
Answers (1)
-
Define Implementation
(Solved)
Define Implementation
Date posted:
August 2, 2019
.
Answers (1)
-
Give the characteristics of Effective Contemporary Control Systems
(Solved)
Give the characteristics of Effective Contemporary Control Systems
Date posted:
August 2, 2019
.
Answers (1)
-
Define a leader
(Solved)
Define a leader
Date posted:
August 2, 2019
.
Answers (1)
-
List the benefits of creating effective reward and incentive programs.
(Solved)
List the benefits of creating effective reward and incentive programs.
Date posted:
August 2, 2019
.
Answers (1)
-
What are the merits of Rewards and Incentive Systems?
(Solved)
What are the merits of Rewards and Incentive Systems?
Date posted:
August 2, 2019
.
Answers (1)
-
How does a Strategy Shape Organizational Structure?
(Solved)
How does a Strategy Shape Organizational Structure?
Date posted:
August 2, 2019
.
Answers (1)
-
How often does a company or an organization change their strategies?
(Solved)
How often does a company or an organization change their strategies?
Date posted:
August 2, 2019
.
Answers (1)
-
What is the contribution of the Organization structure to strategy implementation?
(Solved)
What is the contribution of the Organization structure to strategy implementation?
Date posted:
August 2, 2019
.
Answers (1)
-
What is Budgeting?
(Solved)
What is Budgeting?
Date posted:
August 2, 2019
.
Answers (1)
-
Highlight the factors to consider before matching organizational structure to strategy.
(Solved)
Highlight the factors to consider before matching organizational structure to strategy.
Date posted:
August 2, 2019
.
Answers (1)
-
Discuss the risks in Strategic Management
(Solved)
Discuss the risks in Strategic Management
Date posted:
August 2, 2019
.
Answers (1)
-
What is the meaning of objectives?
(Solved)
What is the meaning of objectives?
Date posted:
August 2, 2019
.
Answers (1)
-
Define a Mission
(Solved)
Define a Mission
Date posted:
August 2, 2019
.
Answers (1)
-
Define Strategy formulation
(Solved)
Define Strategy formulation
Date posted:
August 2, 2019
.
Answers (1)
-
What are the features Environmental Scanning?
(Solved)
What are the features of Environmental Scanning?
Date posted:
August 2, 2019
.
Answers (1)
-
Highlight the features of effective objectives
(Solved)
Highlight the features of effective objectives
Date posted:
August 2, 2019
.
Answers (1)
-
Define a Goal.
(Solved)
Define a Goal.
Date posted:
August 2, 2019
.
Answers (1)