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Hot Management Tips ...
Be Watchful Of Competition ...
Competition often comes from the unlikely candidate. For example, yoghurt was replacing sandwich bread at lunchtime for years before the baking industry realised what was happening. Identifying short term competition may be so easy that it blinds you from examining long term competitive threats. Right now, there’s too much change going on in our technological age to take any potential competitor for granted. Stretch your thinking and try to anticipate any surprise competitors.
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