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Analyzing the external environment

1. Who are the major brand, product, generic and total budget competitors? 2. What are the characteristics of competitors in terms of size, growth, profitability, strategies and target market? 3. What are our competitors key strengths and weaknesses? 4. What are our competitors key capabilities and vulnerabilities with respect to the market program (for example- products, distribution, promotion and pricing? 5. How is our set of competitors likely to change in the future? 6. Who are our new competitors likely to be?

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