Based on Segmenting, Targeting,
& Positioning how does competition affect a business? Is it good, bad,
both, or neither? How as entrepreneurs should we determine our customers,
target them, and then defend our position?
As asked by you competition affects the business company alot .. Segmentation targeting and positioning affect the business a lot ... Target basically Which is needed to meet the requirements of the company it is basically how a company meets the required goal. If the target us achieved with the proper management than it affects the competition a lot because achieving a goal through proper management leads to a good positioning of the company. It is both bad and good ,, bad in the sense if you achieve the target just with the competition that is we can say if you achieve the target just with the speed so as to be good in the Markit without taking care of the management than the position of the company will degrade but in the other hand if you achieve the goal with good management and proper use of time than the position of the company will gradually take a you turn and the position of the company will gradually increase. So achieving a good position in the Markit will make the compition more hard .so as an enterpreuners you have to take care of he proper management of time and goal and have to defend your comonay so that the position should keep on increasing and should not fall..
Dec 3rd, 2014
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