Operations and the Competition

This is for a discussion post, this does not need to be in an essay format. please write a concise couple of sentence for each  bullet and use reference that I provided below.

Reference:

Longenecker, J. G., Petty, J. W., Palich, L. E., & Hoy, F. (2020). Small business management: Launching & growing entrepreneurial ventures (19th ed.). Boston, MA: Cengage.

Chapter 21, Managing Small Business Operations. And 

Using the graphic on p. 468 of your textbook, address the following checklist items:

Checklist:

      Discuss the inputs, processes, and outputs that pertain to the operations of your chosen service or product-oriented business.

      Using the above inputs, processes, and outputs as a reference, explain how you will satisfy your customers. What core competencies will you have that will set your business apart from your competition?

      Identify at least two real competitors and compare your offerings to theirs, highlighting how you will differentiate your business from each competitor.