Discuss the importance of competitive advantage


Homework

Length: 3 to 5 pages.

OBJECTIVES

A CEO of a local health care organization in your area is determining whether merging with the other health care organization in your city is the right move. The CEO knows that understanding the competitor, identifying their weaknesses, and assessing the impact of both organization's strategic moves can set a competitive advantage. Address the following in a 3-5-page paper, not including title page and reference page:

1) Discuss the importance of competitive advantage and why understanding the competition is important.

2) Explain the concept of a competitor analysis.

3) Construct a brief competitor analysis that will provide information on competitors in your area, their strengths and weaknesses, and their possible strategic moves.

4) Identify and discuss obstacles that might hinder your ability to conduct an effective service area competitor analysis.

Format your homework according to the following formatting requirements:

(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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