what is competitive intelligence
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Competitive intelligence Competitive intelligence is the action of defining, gathering, analyzing, and distributing intelligence about products, customers, competitors, and any aspect of the environment needed to support executives and managers making strategic decisions for an organization.
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Intelligence Fluid intelligence or fluid reasoning is the capacity to think logically and solve problems in novel situations, independent of acquired knowledge. It is the ability to analyze novel problems, identify patterns and relationships that underpin these problems and the extrapolation of these using logic.
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- Community Q&A. Being competitive in our academic, working and personal lives can be good for achieving success and moving into the ranks of glory and glamor. Competitive attitudes can help you to feel energized, able to take on challenging tasks and ready to achieve many things in life.
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Competitive advantage Competitive advantage is a business concept that describes the attribute of allowing an organization to outperform its competitors. These attributes may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location, high entry barriers, etc.
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- Competitive advantage is gained when a firm acquires attributes that allow it to perform at a higher level than others in the same industry. Learning Objective. Demonstrate the ideology behind a sustainable competitive advantage from a marketing perspective.
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What is Business Intelligence The ultimate objective of business intelligence is to improve the timeliness and quality of information. Timely and good quality information is like having a crystal ball that can give you an indication of what's the best course to take. The position of your firm as in comparison to its competitors.
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- Competitive Advantage. Loading the player... What is 'Competitive Advantage'. Competitive advantages are conditions that allow a company or country to produce a good or service at a lower price or in a more desirable fashion for customers. These conditions allow the productive entity to generate more sales or superior margins than its competition.
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- An in-depth competitive analysis will provide you with the following: An understanding of how your existing and potential customers rate the competition. A positive identification of your competitor’s strengths and weaknesses. A mechanism to develop effective competitive strategies in your target market.
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Measurement and signature intelligence Measurement and signature intelligence (MASINT) is a technical branch of intelligence gathering, which serves to detect, track, identify or describe the signatures (distinctive characteristics) of fixed or dynamic target sources.
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Collective intelligence Collective intelligence is shared or group intelligence that emerges from the collaboration, collective efforts, and competition of many individuals and appears in consensus decision making.
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- competitive intelligencenoun [ U ] uk ​ us ​ also competitor intelligence. › MARKETING the information that a business has about competing businesses or products: Competitive intelligence must form an integral part of the strategic planning process. (Definition of “competitive intelligence” from the Cambridge Business English Dictionary © Cambridge University Press)
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What is Competitive Intelligence Training? Many seasoned salespeople, experienced in gathering bits and pieces about the competition, are clueless about what to do with that information or how to filter out “white noise” and gain a true insight into the working of their market. Competitive intelligence training is for everyone who competes.
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Collective intelligence Collective intelligence is shared or group intelligence that emerges from the collaboration, collective efforts, and competition of many individuals and appears in consensus decision making. The term appears in sociobiology, political science and in context of mass peer review and crowdsourcing applications.
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COMPETITIVE ADVANTAGE OF COCA-COLA A competitive advantage exists when the firm is able to deliver the same benefits as competitors but at a lower cost (cost advantage), or deliver benefits that exceed those of competing products (differentiation advantage).
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Are IQ tests effective at measuring intelligence? General Intelligence Definition – The G Factor. Your ability to reason, problem solve, decide, learn & act successfully in the pursuit of your valued goals. The global capacity of the individual to act purposefully, to think rationally and to deal effectively with his environment.
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marketing intelligence marketing intelligence. Primarily external data collected and analyzed by a business about markets that it anticipates participating in with the intention of using it in making decisions.
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Competitive Advantage The main challenge for business strategy is to find a way of achieving a sustainable competitive advantage over the other competing products and firms in a market.A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices.
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Staffing Firms & Executive Search Firm staffing firms executive search firm recruitment intelligence a research recruitment solution is revolutionizing the way companies acquire their most valuable resource people as they say knowledge is power and we couldn t agree more that s why we ve developed a recruitment strategy that empowers employers to gain access to the 85 % of passive candidates in the market
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What is 'Competitive Intelligence ' Competitive intelligence means different things to different people within an organization. For example, to a sales representative, it may mean tactical advice on how best to bid for a lucrative contract. To top management, it may mean unique marketing insights to gain market share against a formidable competitor.
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- The Cognitive Proficiency Index (CPI) developed for the most recent Wechsler intelligence scales comprises the working memory and processing speed subtests.
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MyCollegeSuccessStory.com: Empowering Academic, College, and Career Success Successful Intelligence theory asserts that a person's overall intelligence comprises three distinct elements -- that when you are trying to solve a problem you use a combination of analytical, creative, and practical thinking skills.
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- Strategic and Competitive Intelligence Professionals (SCIP) Building Leadership in Advanced Decision-Support Skills! We are a global community of business experts across industry, academia, and government who come together to build and share strategic intelligence, research decision-support tools, processes and analytics capabilities.
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Progesterone or progestogen or progestin; which is it? Stephenson in her letter [1] refers to the etonogestrel containing implant as a progesterone implant. Progesterone appears to have been used as a synonym for progestin. The. British Pharmacopeia [2] lists the action and use of progesterone and. progestins such as levonorgestrel and norethisterone as progestogen.
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Market intelligence The purpose of incorporating Market Information or intelligence into the Business Intelligence process is to provide decision makers with a more “complete picture” of ongoing corporate performance in a set of given market conditions.
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Strategic Moves to Build a Competitive Advantage Companies can make a number of different strategic moves to build competitive advantage. The aim is to create a clear difference that is important to your customers, and is something your competitors cannot match. You can create competitive advantage by developing a strategy of leadership in factors such as cost, quality, innovation and customer experience. However, according to PRTM Management Consulting, you should identify the one thing that you do extraordinarily well and focus your strategy on that.
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Competitive Intelligence Competitive intelligence is, in part, an outgrowth of the military intelligence field. Within corporations, it is a direct outgrowth, or evolution, of market research, which uses investigation (especially understanding the strategies, capabilities, and options of competitors or rivals) to examine the marketplace.