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What does a competitor need to bear in mind
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[QUOTE="Mastergp, post: 267861, member: 85422"] In business they are both monopoly type of business and competitive type of business, the monopoly are those that sell goods in higher price due to the fact that they are the only ones selling such product at that location, while this is different from the competitors because as the name implies they business involve group of person each working hard to make sales on a particular product the are selling, the may be in the same location and all working hard to make sales. But as a competitor one does not need to do things just to suit his ego but he need to act smart so that others won't over take him very easily. As a competitor he or she need to bear in mind the type of product his clients are always asking for and make sure such product is not out if stock, and most time ha need to buy some goods in variety because his client may ask for them, so he need to be prepared at all times. [/QUOTE]
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