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INDUSTRY AND COMPETITIVE SITUATION ANALYSISANALYTICAL STEPS: Identify the chief business and economic characteristics of the industry environment Identify/assess driving forces for change Evaluate
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Industry and competitive situation refers to the current state of the market and the competitive landscape within a specific industry.
Companies operating in a particular industry are typically required to file industry and competitive situation reports.
Industry and competitive situation reports can typically be filled out online or submitted through a designated platform provided by the regulatory body overseeing the industry.
The purpose of industry and competitive situation reports is to provide transparency and insight into the market conditions and competitive dynamics of a specific industry.
Information such as market trends, competitor analysis, market share, and any significant changes or developments within the industry are typically reported on industry and competitive situation forms.
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