Please enable JavaScript.
Coggle requires JavaScript to display documents.
Competition (Ways to compete (Stronger brand image, Better customer…
Competition
Ways to compete
Stronger brand image
Better customer service
Lower prices
Better design
Wider product range
Higher quality
Convenient location
Business decisions in competitive markets
Improving efficiency
Differentiating
Lowering prices
Special. Offers
Cutting costs
Negatives of competition
Lower prices needed to compete
Accepting smaller profit
Cut back on expenditures
Be careful on how and when to expand
Monitor its competition closely