What is “competition”? As with strategy, the competition is often loosely defined. When thinking of competition, business owners and managers see it as warfare where businesses are at war with one another trying to win over customers and gain market…
Category: Reflections
Reflections
ENT (660) – Week 1 Reflections
What is Strategy? When describing strategy, many inexperienced business owners and entrepreneurs may define it as the plan they intend to use to grow their business, be the best, and outperform the competition. As this response may sound satisfying to…