competitive Advantage and Competitive Environment questions

The chosen company is a company who sell online makeup products similar to “Makeup Forever Company”. The invented company called “ Nersa”

The assignment must be: – · Type written · Include all Headings · Edited for typo and grammatical errors · Left and right alignment of 2 cm · 1.5 spacing · Font size - 11 · Lettering – Times New Roman · Paragraphing – 2 spaces

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Deliverables:

Submit a report regarding the below with references

1. COMPETITIVE ENVIRONMENT 2. COMPETITIVE ADVANTAGE

1. Competitive Environment

It refers to the other companies selling similar products and operating in the same marketspace.

2. Competitive Advantage

Achieved when a firm can produce a superior product and/or bring product to market at a lower price than most, or all, of competitors. You could use marketing mix (4Ps) strategy, which is about defining your E-Business product, Price, Place and promotion.

3. Reference