Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

You are being asked this week to fill out a chart and identify the relevant criteria for comparing the competition.

What are relevant criteria for determining competitive positions?

There are many possible criteria and they won't always be the same for every product category. Just mention one and why it is a relevant criteria and perhaps some ideas of how to find it, how easy or difficult it is to find, etc.

Please limit your response to only one so other students have an opportunity to post something original. 

To get the ball rolling, here is the most obvious criteria: total revenue. Comparing competitors' total revenue can demonstrate who is the market leader and who isn't. But, total revenue should not be the only indicator and can be a little misleading by itself without some other indicators.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92324247
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Management

Explain using diagrams what is a normal profit and why

Explain, using diagram(s) what is a normal profit and why would someone want to keep their business running when they are making a normal profit.

If average total costs are 1683 at 6 units of output what

If Average Total Costs are 16.83 at 6 units of output, what are Total Costs?

Summary SUMMARY

SUMMARY 1                                                                                      Regression Statistics                                                                          Multiple R                     ...

What would be examples of valid selection methods used by

What would be examples of valid selection methods used by the human resource department to ensure selecting the appropriate candidate for a job.

What are the three most significant aspects of threat which

What are the three most significant aspects of threat which will continue to evolve for the next 20 years?

Suppose you could buy shoes one at a time rather than in

Suppose you could buy shoes one at a time, rather than in pairs. What do you predict the cross-price elasticity for left shoes and right shoes would be?

Discuss your philosophy regarding how a leader should

Discuss your philosophy regarding how a leader should behave. Second, list two of your favorite leaders (either those in the public eye or whom you might know personally.

Your agency head has been very impressed with your

Your Agency Head has been very impressed with your performance as HR Director. As a result, the Head is now ready to hear your ideas on selecting a new type of performance appraisal form.To help determine your choice of ...

Read your role and read the exercise information in the

Read your role and read the exercise information in the Readings book at page 539. Next, using the information and template found in your Readings book starting at page 517, prepare a written plan detailing how you are g ...

After reading the following article - select your favorite

After reading the following article - select your favorite product and prepare a step by step plan as to how you will engage your target consumer once you have the chance to personally try to sell him/her the product. Wh ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As