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Business strategy
Essence of adopting exit strategy in business
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[QUOTE="Augusta, post: 340566, member: 25283"] The truth is that business terrain is very flexible and there's nothing static about it. This is one reason there can be an easy transitioning for a company or a business. Some companies might want to exit one market and enter another consumer market for whatever reasons This is why having an exit strategy in place is always important.The thing is that companies that don't develop an exit strategy might find it difficult with transitioning to a new consumer market. The essbce of exit strategy is to avoid experiencing a buy-out, outrighly selling the business or merging the business with another or it being acquired by another business especially when you still needs your business So when you have an exit strategy in place you would be able to transit safely to another product or market without having to lose money or the business if need be. [/QUOTE]
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