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STALIN [3.7K]
4 years ago
11

Almost 80% of business owners are clueless about the competition, resulting in

Business
1 answer:
Lesechka [4]4 years ago
6 0

Answer:

The correct answer would be lost market share and customers.

Explanation:

When companies start their business and their business starts to boom, they usually get busy in making their products better and better and usually forget to keep an active eye on the competition they have in the markets. Almost 80% of the business owners are clueless about the competition. Due to this negligence, companies start to loose their market share as well as the customers, because they don't have idea about what their competitors have introduced in the market and what strategies they have used to compete in the market.

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A perfectly competitive firm initially is earning a normal profit. Then, a decrease in demand for the firm's product occurs. Of
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Exit the market.

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3 years ago
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A business that does not need a full-time accountant, would most likely use a public accountant in which services are exchanged for a fee.

<h3>Who is an accountant?</h3>

An accountant is a professional who is responsible for analyzing and interpreting financial records of an organization. He also keeps the financial records of business or firm that employs him.

The role of an accountant include performing accounting functions such as:

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2 years ago
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offer
acceptance of offer
the consideration
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3 years ago
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