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Author Question: What is the purpose of a competitive analysis? What will be an ideal ... (Read 49 times)

fbq8i

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on: Aug 10, 2018
What is the purpose of a competitive analysis?
 
  What will be an ideal response?

Question 2

Solvency ratios measure what ability?
 
  A) Maintain a clean environment
  B) Make a profit
  C) Repay debts


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jrpg123456

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Reply #1 on: Aug 10, 2018
Answer to Question 1

To discover:
-Profitable market segments being served by competitors that are not being served at the operation under study.
-Some competitive benefit or advantage the property has that cannot be matched by the competition.
-Weaknesses in the marketing strategy of the competition that can be capitalized on.

Answer to Question 2

C


fbq8i

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Reply 2 on: Aug 10, 2018
Great answer, keep it coming :)

Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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