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ws06a_CompetitiveFactors.doc

WORKSHEET 6a – COMPETITIVE ANALYSIS PROFILE

EXTERNAL ENVIRONMENT

Business (

Rival A

Rival B

Rival C

Rival D

Competitive Factors (

Product Uniqueness

Relative Product Quality

Price

Service

Availability/Convenience

Reputation/Image

Location

Advertising & Promotional Policies

Product Design

Caliber of Personnel

Raw Material Cost

Financial Condition

Production Capabilities

R & D Position

Variety/Selection

Total Score:

Using a rating of 1 to 5 (5=high, 1=low), evaluate the effectiveness of rivals’ strategies and resource strengths and weaknesses now and five years from now. Try to predict your competitors’ next strategic moves. Summarize your key findings here.

Source: Adapted from Fry, F.L., & Stoner, C.R. (1995) Strategic planning for the new and small business. Chicago: Upstart Publishing Co., p.42.