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What is the importance of competition?
Competition in business is important for several reasons. First, competition drives innovation. Second, business competition brings better quality. Finally, business competition keeps price inflation in check.
Would you rather make money or better the business?
Better business. With a better business money will follow.
Why did American want to Americanized immigrants?
Because of business competition
What advantages do niche companies have?
since there is little competition they make more business
When a industry or business has no competition?
A monopoly is an industry or business having no competition.
What should be your attitude towards competiion when seeking a good location for your business?
well it helps to study the competition. like where they are located. are they successful? how big is their business? can you make better product than them? if you get the answers to these questions, then you will know if you want your business in that area or not. hope i helped
How can you set your business competitor?
You can sset your business competition by being the best business you can be and just outshine your competition.
Why is competition important in a free market system?
they can see the different prices and special functions of a particular product. they can also compare those things. competition isn't only good for consumers but also for the people who make the better product.
Is competition unethical?
unethical competition in business?
What is a Business Plan Competition?
A Business Plan Competition is something that occurs between students who wish to someday work in the business field. Students who compete in the business plan competition create mock business plans.
Why does competition thrive in the business world?
because of competition
When was Inter-Collegiate Business Competition created?
Inter-Collegiate Business Competition was created in 1979.
