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Who are the main competitors of company X?

PrepLounge: Personal Fit
Neue Antwort am 20. Nov. 2023
13 Antworten
1,9 T. Views
Anonym A fragte am 28. Sept. 2019

How would you answer this question in your Personal Fit interview? Receive feedback on your answer and browse through the Q&As to review the approaches of other applicants and experts.

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Daniel
Experte
Content Creator
antwortete am 24. März 2020
McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews

This question can be two-fold:

  • Competitors of consulting company you are interviewing for – then just name them, you probably applied for all of them anyway ;)
  • Competitors of any company they name – this question is for sure not asked in MBB, but can be asked in Tier 2-3, so to prepare for that question:
  1. Make a list of the industries they work in
  2. Identify biggest companies in your region in those industries – this way you will already know the names once you go into that interview

Hope this helps!

Best,

Daniil

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Ferdinand antwortete am 21. Juli 2022

Customer:

Which kind of customers company X has?

Product:

Which kind of products company X sells?

Competitor:

To which segment company X belongs to?

Which region is the main selling areea of compnay?

Company:

Which kind of contribution channels company X has?

 

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4
Anonym E antwortete am 24. Jan. 2022

More than the other two top-tier strategic consulting firms, I would say that the competitors are the smaller ones (ex: MBS), as they can potentially steal some market share by their lower fines.

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4
Clara
Experte
Content Creator
antwortete am 6. Juli 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

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Anonym H antwortete am 2. Juli 2023

In case of Inhouse consultancy, what would be the answer? 

Do I look for the competitors of the whole company?

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3
Rohidul antwortete am 26. Apr. 2023

DHL consulting is the main competitor for company X

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3
Anonym G antwortete am 3. Feb. 2023

Main competitor of X would be the one which has similar product, largest marketshare in same region and often seen as an alternative by consumers or clients. 

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3
Anonym antwortete am 29. Apr. 2022

I assume company Y and Z

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2
Anonym F antwortete am 9. Apr. 2022

y z

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Anonym D antwortete am 1. Dez. 2021

Tesla, BMW, Audi

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Anonym C antwortete am 1. Nov. 2021

our main competitors are Tier 1 IT service companies and in some cases product companies, from a Talent acquiring and retention standpoint but from a target market standpoint, our main competitors are the tier 3 IT service companies and even startups in this space

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Anonym B antwortete am 25. Aug. 2021

I would consider the main competitors to be nurseries in the area as well as private nannies not affiliated with KK.  

Your company has the advantage in that…

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2
Micha
Premium
antwortete am 20. Nov. 2023

bain, mckinsey and boston consulting group

 

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Daniel gab die beste Antwort

Daniel

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