A real-world example of a company successfully navigating a market inhibitor is Tesla's approach to the electric vehicle market. Initially, the electric vehicle market faced several inhibitors such as high production costs, limited battery life, and lack of charging infrastructure. Tesla navigated these inhibitors by investing heavily in research and development to improve battery technology, reduce production costs, and build its own network of charging stations. This strategic approach allowed Tesla to overcome these market inhibitors and become a leader in the electric vehicle market.
How to use market trends to bring in new business opportunities? This Market Research presentation p...
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