Competitive analysis is a ... part of the market research.very crucialmuch importantoverly basicrather significant

What is the main objective of competitive analysis?Question 7Select one:a.To understand the strengths and weaknesses of competitorsb.To eliminate competitionc.To increase pricesd.To decrease market share

one of the steps in competitor analysis is:  A. Revised marketing plan  B. Competitive positioning  C. Segmentation  D. Customer profiling

5.Write one important step in market and brand analysis:  A. Analysing budget  B. Competitive analysis  C. Planning product lines  D. Evaluation of market condition

What are the benefits of competitor analysis in developing a marketing plan?

A competitive market is one in whicha.there is only one seller of the product.b.each seller attempts to compete with other sellers, causing fewer sellers in the market.c.each seller of the product is free to set the price of his product.d.there are so many buyers and many sellers that each has a negligible impact on price.