Question: ( 1 0 points ) Q 1 . Based on the perceptual map, which competitors are the most similar and dissimilar to the ISBM in

(10 points) Q1. Based on the perceptual map, which competitors are the most similar and dissimilar to the ISBM in companies minds? Why?
(15 points) Q2. Which attributes are the most and the least relevant (important) attributes (name at least two most and two least important) in interpreting the perceptual map? Why?
(15 points) Q3. Label the two dimensions (axes) of the perceptual map that you generated. Explain specifically how you decide on the label of the Dimension I and Dimension II.
(10 points) Q4. What is the total variance explained by the 2D map? Which dimension is more important and why? How much more variation in the dataset could be explained by a 3D map? Would you consider creating a 3D map?
(10 points) Q5. How do consumers perceive the positioning of ISBM versus other professional organizations? Which brands have more distinct positioning according to the perceptual map?
(15 points) Q6. On which attributes is ISBM a stronger versus weaker competitor? Why? Please include as many attributes as possible in your analysis to explain the whole competitive landscape.
(15 points) Q7. According to the preference vectors, for which segment(s) is ISBM a highly popular alternative and for which segment(s) is it not? Why?
(10 points) Q8. Based on your analysis, what is the next step for ISBM? Which re-positioning route should ISBM choose? Why?
Write a positioning statement for the ISBM by using the template below.
For [target segment], the [product/concept] is [most important claim] because [single most important support].

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!