SELF TEST #7: Wins and Failures in a Marketplace
Test #1:
You compete in a market where sales are growing 7% a year. Define a strong competitor and give an example of your definition. Also, define a weak competitor and give an example of your definition.
Test #2:
Define a "win" and give an example in any market.
Test #3:
Define a "failure" and give an example.
Test #4:
You are in the scheduled airline transportation business and your customer is a consumer. Are wins or failures more likely to drive the majority of share in your business?
Test #5:
Why is failure the most common cause of volatility in hostility?
Test #6:
What is a "weak win"?
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