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What is involved in a competitor analysis

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Reference no: EM132539375

Q1. For a business to be successful, it must constantly be comparing itself to its competitors in order to find some kind of advantage. Which key questions should you ask when comparing your business to competitors?

Q2. What is involved in a competitor analysis? Why is it important?

Q3. List 5 stakeholders you should seek input from when developing a business plan: Q4. What is operational planning and how is it used?

Q5. Why is financial planning important? In what form should this be completed and which aspects must be included?

Q6. Why is human resources planning important? Which aspects would this need to include to meet the requirements of a business?

Q7. What is an action plan and how is it used?

Reference no: EM132539375

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