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Business strategy
Benefits of competition to a business
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[QUOTE="Augusta, post: 68630, member: 25283"] As a business you shouldn’t see competition as a complete bad thing. The truth is that competition also grows a business. See below why you need a healthy competition in your business [B]You will be innovation: [/B] Your competition will always keep you on your toes, so that you can be creative and innovative about your products and services [B]You will be able to add value to your products or services; [/B] This will drive more sales naturally [B]Competition will help customers have more options[/B] So that if your business is more outstanding you will win in the race and buyers will have no option than to patronize you. [/QUOTE]
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