Competitive Intelligence Is Hard to Come by Because Most of It

question 24

True/False

Competitive intelligence is hard to come by because most of it is not available publicly and can only be obtained through the commissioning of specialised market research agencies.

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Definitions:

Competitive Differentiation

Unique combination of organizational abilities, products, and approaches that sets a company apart from competitors in the minds of customers.

Strategic Planning Process

The strategic planning process is a systematic approach used by an organization to envision its future and develop necessary procedures and operations to achieve that future.

Company's Mission

A statement that defines the core purpose and focus of a business, guiding its strategies, decision-making, and operations.