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Analyze a companys position relative to its competitors

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Reference no: EM131521921

As a Market Research Manager, part of your role is to consistently analyze a companys position relative to its competitors and report on these findings.

As part of this process, you complete a SWOT analysis for each of the companys main competitors each quarter. The quarter is coming to a close, and your boss has asked for the latest SWOT analysis for a competitor.

INSTRUCTIONS

Step 1: Research

Search online and find 1-3 articles that discuss the competition between Target and Walmart. For each article:

Provide a link to the article.

Identify which aspects of the article will be helpful as you conduct your SWOT analysis.

Step 2: Strengths

Based on your own experiences shopping at Target and Walmart and the research you conducted:

Identify 1-2 strengths Target has in comparison to Walmart. For each strength, explain your rationale.

Step 3: Weaknesses

Based on your own experiences shopping at Target and Walmart and the research you conducted:

Identify 1-2 weaknesses Target has in comparison to Walmart. For each weakness, explain your rationale.

Step 4: Opportunities

Based on your own experiences shopping at Target and Walmart and the research you conducted:

Identify 1-2 possible opportunities Target has to be more competitive with Walmart. For each opportunity, explain your rationale.

Step 5: Threats

Based on your own experiences shopping at Target and Walmart and the research you conducted:

Identify 1-2 possible threats that might diminish Target's competitiveness with Walmart. For each threat, explain your rationale.

Step 6: Who Will Come Out Ahead?

Based on your SWOT analysis, do think that Target or Walmart is better positioned over the long term to come out ahead? Why?

Step 7: Real-World Application

Conduct a SWOT analysis for your company and one of its biggest competitors using the methodology outlined in Steps 1-6.

Reference no: EM131521921

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