What is the analytical value of studying competitors and trying to predict what moves rivals will make next?© BrainMass Inc. brainmass.com December 20, 2018, 9:24 am ad1c9bdddf
Analyzing the competition or competitive analysis as it is referred to academically, is a strategic formulation based on several advantages. By trying to predict their rival's next move, it puts the organization in an advantageous position. A very good example of this in today's market is technology. Many organizations would like to know ...
This solution highlights the importance of performing competitive analyses to try and predict a rivals future tactical market moves.