Identify primary competitor in the products markets


Discussion:

Imagine you are part of a strategic planning group at a large corporation that is considering developing a new proposed product. The marketing director has asked your team to do a competitive market analysis to determine the product's potential success. The analysis will focus on your primary competitor in the product's market.

1st paragraph

• Any issues or opportunities your organization faces that affect its competitiveness and long-term profitability with regards to your product: This may include but is not limited to the following elements:

• Cost Structure

2nd Pargraph

• Factors affecting fixed costs

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Microeconomics: Identify primary competitor in the products markets
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