Dominance of big companies in business

Any business, whether small or big, if it does not have a good market or business model, it run according to its will and can also show its dominance in some matters. Often we have seen that some shops around us are very famous, yes the products of some shops are very famous or that is why there is so much crowd in them, there are many shops around us selling the same thing but still, there is something to be shown where a different heart is attached, maybe their products are so good, the behaviour of some people is also perfect due to which people like to go there again and again, some people have the goods but they are very grumpy. Maybe people do not want to visit there next time.

It has often been seen that if there is only one shop of the same type in an area, then there is competition there and the shopkeeper who is there has the upper hand and his will prevails. If he is sending an item for ₹10, then people will have to buy it for that price only, even if they are getting the same item cheaper somewhere else. Many times we are helpless and then gradually we get used to all these things. I believe that competition is necessary. Till the time you do not have a computer in your understanding, you do as you please. If a computer comes in front of you, then you adopt different strategies to reach it. You may have to reduce your prices as well. If you have to increase your sales, then different people have different strategies, but if you have competitors in front of you, it may benefit other people as well. You can take any big company and see if there are no other companies like them then they have a monopoly.

For example, you can see other big companies like Google, and Facebook. They are tremendous in their field and no one can compete with them for 6 minutes. If someone comes to compete with them, they either buy them or silence them. A lot of musing is required to remain in the position. It is said that reaching a position is not that difficult but remaining there is very difficult. We can learn all these things from big companies like Google, Facebook and many other companies which have been number one in their respective fields for many years. I will not say that they do not have computers. Everyone has computers but they know how to remain number one.

Source

Translated with Google Translator, thanks

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