Understanding Competitors in the Development of Organisational Strategies
Posted by John Puttick in Apr, 2024
Competitors in the development of organisational strategies refer to the rival businesses and entities that an organisation must consider when formulating its strategic plans and initiatives. This includes analyzing the strengths, weaknesses, opportunities, and threats posed by other businesses in the industry to create effective strategies for gaining a competitive advantage. In the dynamic and […]
Category: BSBSTR602
Market Positioning
Posted by Matthew Boxsell in Sep, 2015
Definition of Market positioning Market positioning is a strategy that aims to sway the consumer’s view of a particular brand or product to gain competitive advantage in a particular target market in relation to competitors. What is the purpose of setting a market positioning? By positioning a business offer different from our competitors gives the […]
Category: BSBEBU501