Session 3.Competitive Analysis.docx - Running head COMPETITIVE ANALYSIS Competitive Analysis Russell Cordova Colorado Christian University 1 COMPETITIVE

Session 3.Competitive Analysis.docx - Running head...

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Running head: COMPETITIVE ANALYSIS1Competitive AnalysisRussell CordovaColorado Christian University
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COMPETITIVE ANALYSIS2Competitive AnalysisAs a manufacturer of sensors, Andrews Incorporated is focused on being the best in the business. To accomplish this goal, it is imperative that we evaluate our competition and stay focused on delivering the best products in the business at a fair price. We are constantly pursuing innovation through research and development and always have our eyes on the industry. BaldwinCompany is one of our direct competitors and our mission is to evaluate their position in the market, identify their strengths and weaknesses, and understand their financial standing. By closely evaluating this information, we hope to gain an advantage that will help us rise above them in profitability, quality, and market share. While failing to introduce a new product in 2020, Baldwin has identified the necessity to introduce a new high-tech sensor in 2021. They played it safe out of the gate and stocked out in
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