Which strategies can companies that previously enjoyed monopoly adopt?
UIA is cognizant of the fact that some companies will suffer the effects of this integration, but we believe that it will be a temporary set-back. We do not imagine that the Common Market will not have its teething problems – it will. But the onus will be on each partner state, and especially the individual companies to ensure their survival in this highly competitive environment. Companies that most probably have been enjoying a monopoly will lose a large portion of their market share and may either be forced to shut down or look at new ways of improving their products and services in order to maintain their clientele. Why should an investor bring their business to Uganda as opposed to other countries in the region? What sectors of the Ugandan economy are currently interesting investors and why? Very interesting at the moment in terms of opportunities is real estate development. The Housing sector creates employment and contributes 2-5% of GDP in Uganda compared to 40-80% in developin
Related Questions
- What according to you are the strategies Nirma should adopt to retain its customers loyalty and regain its No.2 position in the market?
- Why should Companies adopt a mentoring program and support their staff in becoming mentors?
- What are some sales strategies big food companies could adopt to help sales?
