What are the differences among direct competitors, indirect competitors, and future competitors?
Answer to relevant QuestionsIdentify three sources of competitive intelligence that entrepreneurial firms should feel comfortable using to better understand their competitors? Read Case 5.1, which focuses on Panera Bread. What are some of the entry barriers a firm would have to deal with and try to overcome if it tried to compete against Panera Bread in the casual dining segment of the restaurant ...How has Panera Bread established a unique position in the restaurant industry? What actions has Warby Parker taken that have allowed the firm to at least in part successfully disrupt a large industry that has been dominated by a single company, Luxottica? Despite all the changes that have happened with the Internet since 2007, when Songkick was founded, why do you think the company has been able to successfully stick with its original business plan?
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