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Wednesday, December 6, 2023

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HomeExternal EnvironmentExternal InfluencesCompeting within a changing world

Competing within a changing world

No business today operates in a complete vacuum unaffected by market forces. By their very nature business activities are competitive. Within a dynamic, rapidly changing business environment producers are constantly entering and leaving the market. At the same time, changing customer preferences provide signals for businesses to develop new strategies with different products and services. Some businesses will succeed by responding to and meeting market needs, while others may not perform quite so well. Few markets have changed in recent years as much as civil…

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