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gayaneshka [121]
1 year ago
15

to plan effective marketing strategies, a company needs to find out all it can about its competitors. it must constantly compare

its marketing strategies, products, prices, channels, and promotions with those of close competitors. this is an example of
Business
1 answer:
mel-nik [20]1 year ago
5 0

This is an example of <u>Competitor Analysis</u>

  • An evaluation of the advantages and disadvantages of present and future rivals is known as competitive analysis in marketing and strategic management. In order to recognize possibilities and risks, this analysis gives both an offensive and a defensive strategic perspective.
<h3><u>What information should a competitor analysis contain?</u></h3>
  • A competitive study should look at the attributes, market share, prices, marketing, differentiators, strengths, and weaknesses of your rivals as well as their locations, cultures, and consumer feedback.
  • This article is for small company owners, both new and experienced, who wish to research their rivals to enhance their goods or services.

To learn more about Competitor Analysis, Click the Links.

brainly.com/question/28090263

brainly.com/question/18685357

#SPJ4

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shepuryov [24]

Answer:

1) total sales revenue = $120,000

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2) the company must recognize interest revenue:

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This scenario illustrates that Horizon has failed to fulfill its <u>"Legal responsibility".</u>


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We can conclude that they implement the product and service differentiation strategy.

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