Competitive Environment

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Description of Competitive Environment. Explanation.

Definition Competitive Environment. Description.

The Competitive Environment is the part of a company's external environment that consists of other firms trying to win customers in the same market. It is the segment of the industry that includes all immediate rivals.

Levels of Competition

With regard to competition, there are at least four levels that can be distinguished:

1. Product Competition. This is competition focused on the same market segment. For example: Diet Pepsi and Diet Coke.
2. Product Category Competition. This is between products with the same characteristics, such as various soft drinks.
3. Generic Competition. This is competition between products that respond to the same needs of customers, such as drinks.
4. Budget Competition. This competition is for the money of the customer (share of wallet), such as between food and entertainment.

Competitive Environment Special Interest Group Special Interest Group (110 members)

Competitive Environment Forum   Recent topics   What is Competition? Two Meanings! Everyone knows what competition is approximately. But actually the concept of competition can have TWO meanings: A. The Extent of Rival...           How to Analyse your Competitors? Steps in Competitors Analysis An approach that is often used in the process of competitors analysis exist of the following four steps: 1. Define the structure and the characte...           Competitive Environment Definition How can we define the competitive environment in healthcare? What is the impact of the competitive environment in healthcare services for both pa...

Best Practices - Competitive Environment   Advantages and Disadvantages What are the advantages and disadvantages of being in a competitive environment?...           Macro Enviroment vs Competitive Environment What are the main differences between the macro environment and the competitive environment?...

Expert Tips - Competitive Environment   The Role of Competitors in Strategy and Business Failures     Advance yourself in business administration and management

Resources - Competitive Environment Managing Competitive Intelligence   Michael Porter on Competiveness of a Nation   External Environment In-depth: Sub-types and How to Manage Them   PEST Analysis for Small and Medium-sized Companies   Interview Porter: How to Apply the Five Forces Framework?   Interview Michael Porter: Getting Started with the 5 Forces and Involving Everybody   Understanding Value Proposition     News about Competitive Environment         Videos about Competitive Environment         Presentations about Competitive Environment         Books about Competitive Environment         More about Competitive Environment       Accelerate your management career

Compare with: Five Competitive Forces  |  Industry Attractiveness  |  Competitive Advantage  |  Shared Value  |  PEST Analysis  |  Strategic Fit  |  Benchmarking  |  Oligopoly  |  Competitive Pricing  |  Competitive Position  |  Competitive Intelligence  |  Barriers to Entry  |  Globalization  |  Cartel  |  Horizontal Integration  |  Horizontal Merger  |  First Mover Advantage  |  Second-mover Strategy  |  Blue Ocean Strategy  |  Macro-Environment  |  Market Segmentation  |  Glocalization  |  Positioning  |  Organizational Resilience  |  Time to Market

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This ends our Competitive Environment summary and forum.