Figure MS.13 - Basic Competitor Business Entities : Class diagram
Created: |
3/28/2022 3:51:09 PM |
Modified: |
6/8/2022 10:12:18 AM |
Project: |
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Author: |
broth |
Version: |
22.0 |
Advanced: |
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ID: |
{6F90C6E9-A9A0-4b53-A6AF-AF2390278787} |
Before any competitive analysis can be done, it is critical to identify and understand who the Competitors are. Competitors are any Party playing a PartyRole that offers ProductOfferings similar to the enterprise’s ProductOfferings in a MarketSegment. Once a Competitor is identified and targeted, an “owner” PartyRole is established. The owner maintains information about a Competitor. The owner is notified whenever additional information about the owner’s Competitor is obtained.<br/>Competitors are also placed into “tiers”. This placement varies depending on the MarketSegment. Examples of Competitor tiers include:<br/><ul>
<li>Private line versus switched</li><li>Small, medium, large</li><li>Vertical (consumer, business, carrier)</li><li>Horizontal (size, usage, customer)</li></ul>
An enterprise may wish to perform Strength, Weakness, Opportunity, Threat (SWOT) analysis on a Competitor. SWOT analysis is a formal framework of identifying and framing organizational growth opportunities. Additional information about SWOT Analysis can be found via an Internet search.<br/>The figure below shows the model for basic Competitor business entities.<br/>