Components of a competitor analysis, Management Theories

Components of a Competitor Analysis:

A framework builds by Michael Porter to back managers in completing a successful and informative assessment of their company competitors. The following forces are identified in the model:

1. Competitor's Response Profile. A list of questions that assist managers in considering what moves a competitor capacity make on his or her own as well as what moves a applicant might make in reply  to the manager's own moves.

2. Current Strategy. Under the heading of this refers to the status of how a business is competing and how it is performing within an organization.

3. Capabilities. Also under the heading of fall capability, or assessments of the competition's core competencies and weaknesses.

4. Future Goals. Under the heading of "What Drives the Competitors," this is a reference to the rigid goal as they have been communicated to all persons within the organization.

5. Assumptions.  Also under the heading of "What Drives the Competitor," assumptions refer to facts or beliefs a competitor holds about itself and its position within a company.

 

Posted Date: 10/15/2012 8:28:29 AM | Location : United States







Related Discussions:- Components of a competitor analysis, Assignment Help, Ask Question on Components of a competitor analysis, Get Answer, Expert's Help, Components of a competitor analysis Discussions

Write discussion on Components of a competitor analysis
Your posts are moderated
Related Questions
Hard Currency Hard currencies can be exchanged for other hard currencies at a designated exchange rate. Currency in which there is large confidence in the world markets, as opp

Q. What is Economic environment? Numerous economic activities affecting business of a nation is known as Economic environment. Economic environment includes economic conditions

Is marginal costing analysis and marginal costing is similar

what is cost accounting as art, science and practice?

Shared Activity: Your Transformational Story Think back to a time when you heard about a transformational story that truly inspired you. Perhaps it was about a successful CEO who

Combining "randomness" and "long-term event probabilities" results in duplication of  "reality" in simulation modeling. TRUE          FALSE

in relation to growing diversity of human resource what challenges does management pose

what are the characteristics of hyalospongiae?

Can you devise strategies for the two viewpoints in a firm to live together harmoniously?

Directing  Directing is the managerial function concerned with the interpersonal aspect of managing by which subordinates are led to understand and contribute effectively and