Competitive Analysis

Brand Share
Brand share refers to the proportion of total sales in a market that is made up of a specific brand’s sales, expressed in percentage terms. It is also referred to as market share or share of market.
Differential Advantage
Differential advantage refers to the unique benefits or characteristics of a firm's product or service that set it apart from competitors and provide a superior value to customers.
Market Analysis
Market Analysis is the comprehensive study designed to define a company's current or potential markets, forecast their directions, and decide how to expand the company's share and exploit any new trends.
Market Penetration
Market penetration is a marketing strategy aimed at increasing a product's sales within an existing market through more aggressive marketing tactics. It also refers to the degree of a product's purchase within a specific market.
Reverse Engineering
Reverse engineering is the process whereby a competitor's product is completely dismantled to learn everything about it, usually for the purpose of replication.
Strategic Planning
Strategic Planning involves the management act of determining a firm's future environment and response to organizational challenges. It is crucial in making decisions that determine the direction of a firm.
SWOT Analysis
A comprehensive assessment framework to evaluate the strengths, weaknesses, opportunities, and threats of an organization, which helps in understanding its current position and future potential.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.