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Competition can be a positive or negative thing for any new business. Positive wise.. it makes them known, and gets their name spread around. And on the other hand, negative.. if their competitor makes it bigger then they lose their customers.
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Why does business environment change?
The business environment can change for many reasons. A natural disaster can disrupt supply and demand. The economy and lifestyle can also change. The introduction of new technology or new competition can also have a distinct impact on the business environment.
Is competition unethical?
unethical competition in business?
Why does competition thrive in the business world?
because of competition
How does the producer benefit from business competition?
Producers benefit from business competition by having to develop proficiency to a much greater level in providing their product or service to the market than they otherwise would have if business competition was lacking.
How does the government's support of business start-upspromote competition in the marketplace?
Established businesses must make way for new ideas.
Why does business environment change?
The business environment can change for many reasons. A natural disaster can disrupt supply and demand. The economy and lifestyle can also change. The introduction of new technology or new competition can also have a distinct impact on the business environment.
Why did American want to Americanized immigrants?
Because of business competition
When a industry or business has no competition?
A monopoly is an industry or business having no competition.
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.
How could a new business protect itself against competition?
The business could bring something new to the market, so it won't have any businesses to compete with.
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.
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.
How can one promote a new business idea?
There are many ways one can promote a new business idea. The most important is: take time to develop a new business plan to set one's business apart from the competition, and then think of the various forms of advertising.
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.
What impact does competition between animals have on survival?
Competition among the animals IS for survival
