• @HappycamperNZ
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    74 months ago

    Thats funny - business major here and gone over none of that. Well, I lie. You can profit max when you are a monopoly or in a monopolistic market - when potential customers have significant alternatives, competition and low disposable income… be damn sure you have a great differentiation strategy.

    Managing risk, understanding your market and operating across multiple countries however - lots of lessons not applied.

    • @Buddahriffic
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      54 months ago

      Maybe they just thought they had a monopoly.

      • @HappycamperNZ
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        54 months ago

        Then they should have done a better competitor analysis… I’d have done it for 10% of what they actually lost on it.