Question: In today's class we discussed the topic on competitor analysis. You are expected to read through competitive analysis and understand the 4 competitive positions. Market
In today's class we discussed the topic on competitor analysis.
You are expected to read through competitive analysis and understand the 4 competitive positions. Market leader, challenger, follower and market nicher.
Identify local companies that are in each position and explain how they have used all the strategies . (30marks)
Eg
1. Market Leader- Brookside Dairy
Flank defense - Developing innovative products. Eg. Low fat milk
Position defense
etc
2. Market challenger- New KCC
Frontal. show with examples as above
Frank.
3. Market Follower
4. Market Nicher
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
