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Re: None

Wednesday, 02/21/2018 10:29:45 AM

Wednesday, February 21, 2018 10:29:45 AM

Post# of 399736
Any discussion about product competition is merely a small slice of the data/information Elite must consider as it moves forward. Subsequently, to better inform their inquiry, they the need to uncover answers to the following:

1: What Are the Industry’s Dominant Economic Features? Is the Industry Growing?
2: What Are the Competitive Forces and How Strong Are They? (PESTEL)
3: What Forces Are Driving Industry Change and What Impacts Will They Have?
4: What Market Positions Do Rivals Occupy—Who Is Strongly Positioned and Who Is Not? What is that Positioning Based Upon – Brand Recognition, Products in Commercialization, Diversified Pipeline?
5: What Strategic Moves Are Rivals Likely to Make Next? How Might it Affect Elite?
6: What Are the Key Factors for Elite’s Future Competitive Success?
7: Does the Outlook for the Industry Offer Elite a Good Opportunity to Earn Attractive Profits? WHY/WHY NOT?

To be certain I have my fact based answers, just as Elite's management has theirs.
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