Answer:
Step-by-step explanation:
False
The first step in competitive analysis is usually to identify and research your competitors. Writing down their pricing strategy can come later in the research, but initially, you want to gather information about who they are with your competitors, what products or services they offer, their market share, their capabilities and their weaknesses, and their overall market position as part of your analysis once you have a broad understanding of your competitors You can delve into specifics such as pricing strategies.