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Module 1: Risk in small business

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2. Degree of competition

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XSIQ
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Accounting - 2. Degree of competition

2. Degree of competition

It will be necessary for you to identify who your competitors are.

To what extent do their operations affect your own?

Can you learn from them in order to improve your efficiency?

Failure to establish a satisfactory share of the market will constitute a
major area of risk for any business.

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