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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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It is a detailed analysis of the industry and its competitors to identify key trends, opportunities, and threats.
Companies in the industry are required to file industry and competitive analysis.
You can fill out the analysis by conducting thorough research on the industry and its competitors and compiling the findings into a report.
The purpose is to gain a better understanding of the industry landscape and competitive environment to make informed business decisions.
Information such as market share, key competitors, industry trends, SWOT analysis, and competitive advantage must be reported.
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