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Why do businesses find it so difficult to stay at the top?
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[QUOTE="King bell, post: 266921, member: 75687"] One of the main reasons why businesses are struggling to stay competitive is because they are constantly trying to innovate and change. In order to maintain their position in the market, they have to keep up with what their competitors are doing, which can be a difficult task. From changing the way that you offer products and services, shifting your manufacturing process, or even re-branding your logo, these changes can result in an increase of costs for your company as well as a severe drop-off in sales. If you think about it from a business perspective, it doesn't make sense that businesses would still be at their peak if they were just maintaining their top spot without introducing any new changes whatsoever. It's only logical that companies would begin to lose their competitive edge if they were to do nothing but simply maintain the status quo. They may still be considered the leader in their field, but they are most definitely not on top. So, what is it exactly that makes businesses new products and services to lose their competitive advantage so quickly? It's because of the way that we live our lives today. We have an extremely short attention span, and we would rather purchase something new for our personal use than get a second hand version of something when we don't even need it. [/QUOTE]
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Why do businesses find it so difficult to stay at the top?
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