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Competitive and swot analysis

Assignment Help Business Management
Reference no: EM132805544

Please read the business Idea Outline and complete the following. Please answer each and every part.

Market Size and Demographics The specific geographic market size and demographics will have an influence on the acceptability or demand for a business' products or services. Many variables make up this environment, such as information regarding the population numbers, languages spoken and education levels. Provide statistics and cite all sources.

Competitive Analysis Who else in this specific geographic market area sells competing products or services? Anything that may be considered an alternative to what the business provides (please don't say you have no competition). Introduce the group at a high level in one paragraph (the competitive landscape) -then give a minimum 3 example businessesthat you can profile with Strengthsand Weaknesses-things they do well and things they can improve upon. May even use a role modelcompany-who would the business like to emulate and why? Please Remember-Direct and Indirect competition. If it is a sandwich shop: Other sandwich shops are direct competition; a sushi restaurant is indirect competition. Both stop a customer from being hungry. Only one of the businesses gets thecustomer's lunch money.

SWOT
(strengths, weaknesses, opportunities and threats)
After all sectionsin Business Description & Market Research are complete, develop a table with very brief notes (try for maximum3 words in each bullet-see example below) summarizing eachpoint in the correct category. No citing is required in the table. No new information should beincluded, summarize only information included in previous sections.

Strengths
Facts INTERNAL to the business that are an advantage(examples: good location,newequipment, knowledgeable owner)

Weaknesses
Facts INTERNAL to the business that are a challenge(examples: no reputation,high costs, inexperienced owner)

Opportunities
Facts EXTERNAL to the business that provide an advantage for the business(examples: limited
competition, large customer base, good weather)

Threats
Facts EXTERNAL to the business that are a challenge to be dealt with.(examples: strong competition, many govt regulations, high unemployment)

APA style.

Attachment:- Instructions and Questions.rar

Verified Expert

The study is based on the analysis of a business outline of a given company. It describes the strengths and weaknesses of a company in order to help it in the competitive market. The study also focuses on market demographics. The study is developed on Microsoft Word.

Reference no: EM132805544

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len2805544

2/22/2021 11:57:45 PM

Please answer 3 of the questions in the file named "instructions and questions". I have attached one more file named " Business idea outline". you have to read that and answer the questions in other file. Please provide examples with data and references in APA style.

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