Limiting Competition Whether you are a CEO of a large company or...

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Limiting Competition

Whether you are a CEO of a large company or a mid-size business owner, your ability to strategically limit your competition can help increase your profits. In your opinion what is the most effective way to achieve these strategies by preventing new or existing companies from decreasing your market share and thus decreasing your profitability?

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One of the strategic methods to limit competition is to achieve economies of scale that would result in cost advantages to the self and limit competition by forcing cost disadvantages to the competitors in the industry. Scale economies can be achieved in production and also in other areas such as marketing or promotion of the products, research and development...

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