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The Steem House Business Model Canvas Our Entire Plan Spreadsheet Strategy Game Excel

The Steem House Business Model Canvas Our Entire Plan Spreadsheet Strategy Game Excel Google Docs Template Sheet

By Joe D at February 17 2020 11:27:55

No matter the economic slump, increasing profits is typically the number one goal of any business. To ensure profitability, a company must demonstrate a competitive advantage over others in its industry, either by cost leadership (same product as competitors, lower price), differentiation (same price, better services), or focusing on an exclusive segment of the market (niche). For long term maintenance of competitive advantage, a firm must ensure that its methods cannot be duplicated or imitated. This requires constant analysis and regular reinvention of competitive strategies.

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