At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Explore thousands of questions and answers from a knowledgeable community of experts on our user-friendly platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
False, when a company expands by developing its own products rather than acquiring a competitor, is not an example of reducing competition.
Competition is a condition in a market when businesses or sellers compete with one another for customers' business in an effort to attain a certain business goal, such as earnings, sales, and/or market share. In this context, rivalry and competition are frequently used interchangeably.
Addressing the demands of your common target audience more effectively than your competitors can be one approach to outperform them. To learn precisely what your customers want when utilizing your goods or services, pose open-ended queries.
By ingeniously creating tales centered around your products, storytelling is a fantastic way to develop your niche. You can become a part of your prospect's lifestyle through the use of stories rather than just being a stand-alone product or service.
To learn more about competition refer here:
https://brainly.com/question/14725284
#SPJ4
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.
