Prepare a competitive analysis of three of the largest competitors in the industry you are analyzing

Competitive Analysis

A good competitive analysis is a scouting report of the actual market terrain the industry itself must navigate in order to be successful. Competitive analysis is a tool utilized in the strategic planning process to:

• Help management understand their competitive advantages/disadvantages relative to competitors

• Generate understanding of competitors’ past, present (and most importantly) future strategies

• Provide an informed basis to develop strategies to achieve competitive advantage in the future

• Forecast the returns that may be made from future investments

You may want to select your MAP industry or area of interest for this assignment but it is not required if you are still developing the focus of your MAP. Then prepare a competitive analysis of three of the largest competitors in the industry you are analyzing (or those that are of interest to you).Thoroughly research these competitors within the industry representing the following topics:

  1. Executive summary – High-level overview of the paper; this would be read by a busy executive to determine interest in the report and its findings. (One-page).
  2. Industry overview and description – Financial data, revenue size, number of competitors, industry leaders, etc. (Provide key industry stats based on IBIS or Hoover’s information (other sources are available as well). This can be a chart.
  3. Factors which drive this industry in regards to growth and innovation –Environmental Scan, social, legal, regulatory, demographic, etc. Also provide a SWOT of the three competitors in grid format. Consider how you would relate Blue Ocean Strategy to the three competitors and include an analysis utilizing Porter’s Five Forces.
  4. Analysis of top three competitors – Company financial data, major lines of business and potential divisions of interest, positioning, market share, branding, target market, company overview, products, revenue, HQ, employees, positioning, financial overview, points of differentiation, critical success factors, etc. This can be done as a grid if appropriate in total or in sections. Summarize section by answering the following questions:
    • How do the companies stand up to the competition?
    • What are the competitive edges of each?
    • What does each do better than its competition?
    • Where might each competitor be vulnerable?
    • What is the major watch out for each competitor?
    • How so, if not – what are the vulnerabilities?
    • What are the market strategies utilized by each to achieve their objectives?
  5. Industry Future (this is your higher level analysis of the ‘industry facts’). What factors will impact the success or decline of this industry over the next three years? Where do you see the competitors in three years and how will the industry itself change? What recommendations would you have for each competitor based on what you have researched? This section should demonstrate how well you have synthesized the information and your analysis. This section should be two pages in length and supported by your research.
  6. Conclusion – your final thoughts on this industry. Would you recommend it as an industry to invest over the next three years? (Section 5 & 6 needs to be at least two pages – three pages with support).

This paper requires solid research using credible secondary sources citing 5 – 8 credible references sources including IBIS. The annual reports and web pages of the specific competitors should be used for foundational information but present a potential biased perspective of the company. Therefore, they should not be used for support throughout the paper itself. The final paper should be approximately eight to ten pages plus references and exhibits. Paper MUST be in APA format with a Cover page, Table of Contents, Reference page and any applicable appendices. NOTE: Section 5 and Section 6 should represent a robust analysis from your background related to the stats in Sections 1-2-3-4. This is where you really drill into the analysis!

My Homework Nest
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.