![]() ![]() Technology is considered inside the competitive environment because it represents a tool to acquire competitive advantages, as mentioned before. The idea of a "global mindset" determines the acceptance of this organizational diversity in order to prepare for challenges. Even if it represents opportunities for the company, the differences in the legal, economic and political aspects between organizations from one country to other must be considered. This factor is constantly transforming inside the business environment which leads companies to analyze the market where they compete. Global economy is one of the main aspects to consider before starting a competitive landscape profile, because it helps to understand the global economic activity where all the production factors such as people, knowledge, services, products move without limits. Investment in strategic management is the foundation for business stability because it helps to develop the fundamental basis of the business and be competitive inside the market. Consequently, this emergence is analyzed to develop intelligence for competitive analysis. ![]() ĭue to the hypercompetition of the environment, the traditional sources of getting competitive advantage does not represent any more an effective strategy, as a result of the emergence of a global economy and technology. Based on the volatile nature of the business world, where companies represent a competition to others, this analysis helps to establish a new mind-set which facilitates the creation of strategic competitiveness. ![]() ( August 2017)Ĭompetitive landscape is a business analysis method that identifies direct or indirect competitors to help comprehend their mission, vision, core values, niche market, strengths, and weaknesses. Please introduce links to this page from related articles try the Find link tool for suggestions. This article is an orphan, as no other articles link to it. ![]()
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