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SunnyMoo /
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2024-02-02 00:24:29

SunnyMoo on Nostr: I've seen many companies that said like this CEO's company have gone out from the ...

I've seen many companies that said like this CEO's company have gone out from the market.

Most of Business Administration's schools in Thailand give many myths to their students by the case study teaching method.

Thus, many students can not applied their knowledge in their reality business world.

If they know the substitution effect that is 1 of the basics of economics then they will not underrate Chinese capital competitors in Thailand ice cream market with a weak reason that their competitors compete in other segments.

Everyone in this planet have limitation with everything. Even someone have more their budget to get more goods such as foods, however, their can not put it more like their preference because their stomach also has limited space.

And if the economy growth is not highly like the expectation and is not equally distributed then it is a frightened story line for many companies when new competitors have entered in their market.

Because of less increase income of customers and the entry of competitors, the revenue and profit of the market leader will not growth like their expectation and harm their stakeholder's benefits.

#DQ #DairyQueen #MiXue #IceCream
#ECON101 #Marketing #BusinessStrategy #Thailand

https://www.bangkokbiznews.com/business/business/1111303
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