Competitive Intelligence Management

Identification

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https://folio.openlegalstandard.org/R8BEkQEsf34QC1E4ixz1dn

Label Competitive Intelligence Management

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Definition

Competitive intelligence management is the process of systematically gathering, analyzing, and interpreting information about competitors, market trends, and industry developments to support strategic decision-making and maintain a competitive edge. This practice involves monitoring competitors' products, services, marketing strategies, financial performance, and other relevant factors, and helps organizations identify opportunities, threats, and best practices to enhance their market position and drive growth.

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