Competitive Rivalry
If you have many competitors offering equally attractive products and services, then you’ll most likely have little power in the industry. If suppliers and buyers don’t satisfy their needs by doing business with you, they can simply go elsewhere. On the other hand, if you are meaningfully different from your competition, and can sustain that advantage, then you may have more power.
1. What is the level of competitive rivalry in today's environment (circle one)?
Low / Medium / High
What are your top 3 reasons for the response you gave?
2. What will be the level of competitive rivalry in 3-5 years (circle one)?
Low / Medium / High
What are your top 3 reasons for the response you gave?
3. What moves are your key competitors likely to make in the next 3-5 years?
4. What strategic moves do you need to make in the next 3-5 years?