A business can use a strategic group analysis map to understand its position in the market by identifying its competitors and categorizing them based on key strategic dimensions such as price point, product quality, target market, etc. This allows the business to see where it stands in relation to its competitors and identify potential opportunities or threats. It can also help the business to identify gaps in the market that it could potentially exploit.
Do you feel trapped to outdo competitors? Better strategies can build a stronger defense against com...
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