One of the challenges of strategy analysis for an organisation in a smaller economy is finding sufficient competitors in its same industry. Apart from being in the same industry, offering the same products or services, what are other common factors between organisations that permit you to undertake an effective strategy analysis? What factors are not sufficient to permit an effective comparison? (For example, meeting the same customer needs with a different product or service may be sufficient, whereas being located in the same region may not.)

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The factors which are common between the companies that lends them to stratey analysis are 1 Having ... View the full answer