Final answer:
To perform a feasibility analysis of your company compared to a direct competitor, gather information about the competitor's market position, financial performance, product offerings, customer base, and relevant factors to assess the feasibility of your business in the market.
Step-by-step explanation:
In order to conduct a feasibility analysis of your company compared to a direct competitor, you would need to gather information about the competitor's market position, financial performance, product offerings, customer base, and any other relevant factors. By comparing these aspects to your own company, you can assess the feasibility of your business in the market.
For example, if your company is a food delivery service and your competitor is a well-established company with a large customer base and strong brand recognition, it may be more challenging for your company to enter the market and gain a significant market share. However, if you have a unique selling proposition or a targeted niche market, you may still have feasibility in the market even with strong competition.
Ultimately, the feasibility analysis will depend on the specific characteristics of your company, the competitor, and the market dynamics.