Essay On Competition In Business

The IBE Student Essay Competition celebrates the best student writing and thinking on business ethics.

The IBE Student Essay Competition celebrates the best student writing and thinking on business ethics.

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The more information you have about them, the better.

Know where they're located, what they sell, their prices, their marketing messages, their web addresses and their reputations.

But if not, you can easily find out by doing an internet search for local businesses, looking in the online or printed local phone book, or even driving around the target market area.

If you're selling office supplies, for instance, you may also have to compete with big-box retailers within a driving distance of several hours and companies that offer office supplies online. You can also learn a fair bit about your competitors from talking to their customers and/or clients - if you know who they are.

As a Future Trainee Solicitor at Simmonds & Simmonds, I am aware of the importance of managing innovative practices in accordance with ethical standards, to ensure the successful delivery of client-focused legal services.

I am grateful to have been selected for this award; the integral nature of ethics in the legal industry requires consistent reflection and critical discourse.

You'll also want to search for the publicly available information about your competitors.

Online publications, newspapers, and magazines may all have information about the company you're investigating for your competitive analysis. The goal of your competitor analysis is to identify and expand upon your competitive advantage - the benefits that your proposed business can offer the customer or client that your competition can't or won't supply.

Being recognised by the IBE is a privilege; the award complements my scholarly pursuits and reaffirms my dedication to promote and practice business ethics in my professional career.

Interdisciplinary is increasingly being recognised for its potential to unpack complex issues.