Performing a Competitive Advantage Assessment

Perform a comprehensive competitive advantage assessment for your business by identifying unique strengths and differentiators. Include the following steps: 1) Define your business's core competencies and list any proprietary technologies, patents, or unique expertise. 2) Analyze the market to identify key competitors and their strengths. 3) Assess customer needs and preferences within your industry. 4) Compare your offerings to competitors, focusing on quality, price, and customer service. 5) Determine any gaps or opportunities for improvement. Provide a summary of findings and actionable insights to inform strategic planning and positioning. Use concise bullet points where relevant.