What term is commonly used to describe how a company builds and maintaining strong barriers to withstand competitive attacks?.

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28-10-2022
Business

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What term is commonly used to describe how a company builds and maintaining strong barriers to withstand competitive attacks?.

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SidHussain SidHussain · Answer 1 · 2022-10-31T09:43:42-04:00

A natural next step is a term used to describe how a company builds and maintains strong barriers to withstand competitive attacks.

In the field of business, the natural next step can be described as a part of marketing principle #3. According to this marketing principle, there is a reaction shown by every competitor in a market to its rival.

The natural next step is a strategic plan to overcome rivals in a business by forming trusted and good relations with customers. Strong barriers in the form of enhanced connections with the customers are made so that competitive attacks could be withstood.

To learn more about barriers, click here:

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