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Competitor as Stake Holder


Friends - I have a doubt - Can someone explain me an example where the competitor is considered as Stake holder??
Competition will keep a keen watch on your plans, and try to manipulate your efforts. Predicting/guessing their move and device a strategy to counter their move is very much be a part of the managing strategies of your business. These competitors may influence either positively or negatively. Ex. Price war of Cola - negatively; the 100th-year-anniversary wish of Mercedes Benz to BMW - positively.