How to Steal From Your Competition!

Topics:
Assessment
Tags:
Competition,
Economy,
Management,
Strategy
Source:
Office Technology Consulting

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Overview: In today’s slower economy, there are three ways to improve profits: 1) Find new things to sell. You can try to expand your markets by acquiring new products and services. If you have deep pockets and gambler’s instincts, this is the high-risk, high reward model. Exciting and challenging. 2) If resources are tight, you can cut expenses to the bone, shrink down until better times. Sometimes this works, as you preserve cash. Other times, unfortunately, this may merely prolongs the inevitable in a slow and painful way. 3) You can stop whining about the state of the economy and recognize that, even in the worst downturns, most companies and individuals are still buying and growing. In order to grow you business when the overall market is shrinking, start stealing from the competition. Read on to know about the business model that teaches managers how to steal and get away with it.

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Format: HTML | Date: Jan 2003 | Pages: 1


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