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To understand the competitive environment, entrepreneurs can use Porter's Assessment to do each of the following except one. Which of these is not a part
To understand the competitive environment, entrepreneurs can use Porter's Assessment to do each of the following except one. Which of these is not a part of the Porter Assessment? Determine who their current direct and indirect competitors are and who the future competitors may be Anticipate how the competitors will react in response to the new venture's entry into the market Analyze a competitor's ability to leverage geopolitical influences in effecting change in international scenarios Establish whether they can offer different products or services-or the same products or services in different ways-to attract enough customers to meet their goals Understand the similarities and differences in quality, price, competitive advantages, and other factors that exist between their proposed business and the existing competitors
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