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Page 1: Competition in business

Presentation by Petras ZibolisVVEK second year TAK student

Page 2: Competition in business

Identifying your competitor

Competencies and incompetencies

Exploiting opportunities

Establishment of your territory

Page 3: Competition in business

Tabs have to be kept on your competitor

On product innovations

Services he provides

Pricing Distribution

Page 4: Competition in business

Researching strengths and weaknesses

SWOT/Porter`s five forces

Page 5: Competition in business

Loopholes in legal system

Price reduction Special sales

Page 6: Competition in business

It is beneficial to advertise the company

Page 7: Competition in business

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