What step of Ghemawat’s framework for analyzing commitment intensive choices involves analyzing whether the firm’s commitment is likely to result in a product market position?
Position analyses is an important part of the entire process. It allows the company to effectively analyze commitment intensive choices.it helps determine whether a certain commitment will result in a product market position. This allows the business to speculate and strategize to come up with the best plan to take their product into the market.
Positioning analysis is vital for understanding the firm’s commitment and it help you understand your own business better. It is a great help to evaluate the result before actually taking the venture. Many businesses routinely perform positioning analysis to keep track of the possible changes in the results and the position.