the manager of a chain of gyms is concerned about falling prey to marketing myopia by not defining his competitive landscape properly. how should he define the business to avoid falling into this trap?

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maxr2041 maxr2041

24-10-2022
Business

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the manager of a chain of gyms is concerned about falling prey to marketing myopia by not defining his competitive landscape properly. how should he define the business to avoid falling into this trap?

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ANKITANAND ANKITANAND · Answer 1 · 2022-11-04T06:09:44-04:00

He should define the business to avoid falling into this trap by giving solutions for good health.

What do you mean by business?

Business is the practise of earning a living or earning money by manufacturing, purchasing, and selling goods. Having a business name does not remove the business entity from the owner, which means that the owner is responsible and liable for the business's debts. If the company incurs debts, creditors may seize the owner's personal belongings. All business income is taxed directly to the proprietor. In addition, the phrase is sometimes used colloquially to refer to a business, such as a corporation or cooperative.

An organisation or enterprising entity that engages in commercial, industrial, as well as professional activities is referred to as a business. Businesses can be for-profit corporations or charitable institutions. Limited liability companies, sole proprietorships, corporations, as well as partnerships are among the different types of businesses.

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