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The company thinks its novel solar technology can take on competitors in China.
However, it means taking on competitors that have greater financial resources and an established business infrastructure.
Companies can often strengthen their business models to take on competitors more effectively.
Olay's advertisements encourage consumers not to waste money on competitors' unnecessarily expensive face creams.
In the Grand Slam of Darts, PDC players take on competitors from the British Darts Organisation BDOO).
For one thing, it puts onus on competitors to keep up.
Therefore, any one company's decision to build a plant is often contingent on competitors' decisions.
But it is always on competitors' minds.
Corporations employ freelance hackers to spy on competitors.
That instantly puts pressure on competitors to follow suit.
This capability gave it an edge on competitors.
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CEO of Professional Science Editing for Scientists @ prosciediting.com