Sentence examples for needs competitor from inspiring English sources

Building a competitive advantage derives from understanding the customer needs, competitor actions, and technical development.

Market orientation is defined as the extent to which a firm engages in information generation, dissemination, and response to market intelligence pertaining to current and future customer needs, competitor strategies and actions, channelling requirements and abilities, and the broader business environment (Morgan et al. 2009).

Additionally, creation of new knowledge or revelation of existing tacit and embedded knowledge, distribution of knowledge throughout the organization, and provision of sufficient intelligence pertaining to current and future customer needs, competitor strategies and actions, channel requirements, and the broader business environment can be boosted through different kinds of social software tools.

That means keeping a close ear to the marketplace, constantly soliciting and listening to the views of others and being willing to turn on a dime and change your playbook to anticipate and respond to evolving customer needs, competitor behavior and financial constraints.

Adopting a market orientation approach in an organisation is about how the organisation is oriented to the market, paying more attention to consumers' needs, competitors' advantages, and inter-functional coordination (Narver and Slater 1990).

@A_Conscience Some companies don't need competitors.

"You need competitors to build a market," he said.

GM doesn't need competitors.

Everyone needs a competitor.

The individual items in the scale measure a respondent's level of agreement with perspectives relating to the firms' collection of information on customer needs and competitor responses (see Appendix 1).

Given the previously discussed literature and the hypotheses presented, we model the firm's product and marketing channel innovations as a function of their awareness of customer needs and competitor actions (i.e. their market orientation) as well as their willingness to be proactive and take calculated risks in response to these needs (i.e. their entrepreneurial orientation).