Competition
» Competition, Volume 3, Issue 8, 2003
Business owners try to compete using different tactics or strategies. On a scale of 1 to 9 with 1 meaning it plays no part in your competitive strategy and 9 meaning it is your entire competitive strategy, how are you trying to compete? Are you trying to use:?
13A. (business strategy) Lower prices.
Response | ||||
---|---|---|---|---|
1 | 9-7 (Significant portion) | 34 | ||
2 | 6-4 | 31 | ||
3 | 3-1 (Non-significant portion) | 33 | ||
4 | DK/Refuse | 2 | ||
Total (%) | 100 | |||
N | 754 |
Notes: Thirty-four (34) percent of small employers say that lower prices constitute a significant portion (7-9 on a nine-point scale) of their business strategy (Q#13A).