Competitive Framework

A competitive framework is a structured way to analyze how businesses or organizations operate within a market. It examines the key factors that influence competition, such as the number of competitors, the products or services offered, barriers to entry, and customer power. This helps identify strengths, weaknesses, opportunities, and threats in a competitive environment. Such frameworks guide strategic decision-making, ensuring organizations understand their position relative to others, anticipate market changes, and develop effective strategies to succeed. Essentially, it provides a clear map of the competitive landscape to inform smarter business choices.