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Week 6 Discussion Question 1 Assessment of Rivalries

Week 6 Discussion Question 1 Assessment of Rivalries

Q It is surprisingly rare for firms to have good competitive intelligence on customer migration behavior, even when the information is readily to hand. Moreover, few firms make explicit choices about which rivals to defend against and which to attack. Instead, the external competitive environment is generally treated as a uniform whole, to and from which customers are won and lost in an indiscriminate manner. This will not do! The following are questions to ask and respond to in this discussion: To which specific rivals are you losing which particular customers, at what rate, and why? What do you need to change, by how much, to reduce that loss rate, to what extent? From which specific rivals can you capture the greatest rate of which particular customers and why? What do you need to change, by how much, to increase that win rate, to what extent? Respond to at least 2 of your classmates' posts with probing questions, alternative ideas, or other valuable input. Your questions or comments should promote continued discussion and should contribute to the learning of the group. Responses are due Saturday at 11:59 pm CST.

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In case of our organization, the specific rivals to whom our organization is losing particular customers are the immediate competitors including the branded organizations. This is because there are several ways in which the immediate competitors are matching and surpassing/exceeding the decisions and moves being made by our organization. The rate at which the immediate competitors of our organization are matching and surpassing/exceeding our organization’s decisions and moves are nearly 5 to 10 % approximately. This is because there are brand-loyal customers from our organization showing tendencies to switch to our immediate competitors, especially the branded organizations.