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Understanding and Dealing with Business Competition

Understanding and Dealing with Business Competition

Enrolled1.5-3 Hours (Contains Video)
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  • Beginner Level

Understanding and Dealing with Business Competition

Master the art of dealing with business competition while maintaining the top spot with this free online course.

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Understanding and Dealing with Business Competition
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Learning Outcomes

In this free course, you will learn how to:

  • Recognise the need for competition in your business
  • Identify which of your company’s strengths are most important to emphasise
  • Distinguish which companies are your direct and indirect competitors
  • Explain how to create a ‘competitive matrix’
  • Define ‘unique competitive advantage’
  • List the importance of establishing a unique competitive advantage
  • Describe how to identify the core characteristics of your unique competitive advantage
  • Identify common mistakes associated with a unique competitive advantage
  • Explain how to evaluate your strengths
  • Describe the competitive positioning matrix and what each area represents
  • Discuss how to evaluate your competitors
  • Evaluate how to articulate and utilise the competitive binder to your advantage

Knowledge & skills you will learn

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