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Explain benefits a company may derive from understanding its competitors

      

Explain benefits a company may derive from understanding its competitors.

  

Answers


SAKINA
1.Gaining competitive advantage over their competitors.
2.Get knowledge on the ways and operations of their competitors.
3.understand which products to produce or supply to maximise on their market share.
4.Know how to price their products in order to maximise on profits and stay in the industry lane.
5.to know how to differentiate their products so as to be unique
SSMaende answered the question on May 26, 2019 at 12:07


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