strtegic business plan

strtegic business plan

Competitive Analysis & Advantage (40 points)
Your competitive analysis doesn’t have to be a thorough report listing every 
detail about every competitor. Rather, identify the key differences and 
similarities that will impact your decisions and profitability. Most 
importantly, use this analysis to determine your current competitive 
advantages. Be sure to answer the following questions:
ï‚· Competitive Advantage: What is your company’s core competency? Is it 
valuable, rare, inimitable, or non-substitutable?
ï‚· Competition: Who are your competitors? What are their strategies? To 
what part of the market are your competitors trying to appeal? Can you 
appeal to the same market in a better way? How (can you steal market 
share!)?
ï‚· Who is your best competitor (who you strive to be like/ compete with)? 
Your most relevant competitor (most likely to impact you)? 

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