Responding to competition in the market from "summary" of The Tatas by Girish Kuber
In the dynamic world of business, competition is a constant force that companies must contend with. The Tatas are no strangers to this reality, as they have faced numerous competitors in various sectors over the years. However, what sets the Tatas apart is their ability to respond to competition in the market with agility and innovation. When faced with new competitors entering the market, the Tatas do not shy away from the challenge. Instead, they embrace it as an opportunity to reevaluate their strategies and offerings. By staying attuned to market trends and consumer preferences, the Tatas are able to adapt quickly and stay ahead of the competition. One of the key ways in which the Tatas respond to competition in the market is by focusing on innovation. Whether it is introducing new products and services or enhancing existing ones, the Tatas are constantly looking for ways...
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