An idea is not synonymous with a competitive advantage, an idea is not necessarily a sign of creativity, an idea does not constitute innovation, and as much as some people wish it was so, an idea is certainly not a business.
What is the competitive landscape for your idea or product?
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The basic idea behind competitive bidding is that, say, on a county-by-county basis, you let private plans and traditional Medicare offer plans with the same actuarial value compete, to see who can offer the same package of benefits the most efficiently.
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Most business people would regard as insane the idea that to be competitive a firm should push itself into a loss, yet on Wall Street this defence is routine.
Jose Corona: Inner City Advisors was founded in 1996 with the idea that by developing competitive and sustainable companies in inner city communities, it would lead to long-term positive impact on our local communities.
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"We've been coming for a number of years to Jersey and they have always said it's very competitive between the two, so we had a rough idea of the standard, " he said.
The book is a polemic, and its main target is what Mr de Waal takes to be a distorted idea of human life as relentlessly selfish and ruthlessly competitive.
The local boatmen, called mallahs, were so bemused by Mr Turner's idea that they allowed him to ferry people for free in a very competitive market crowded by hundreds of oared and motor-powered boats of various sizes.
His distinguishing idea here is a focus on zeroing out taxes on manufacturing to help us become more competitive in this area with other countries and spur middle-class job growth and income mobility.
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In a vibrant, competitive manufacturing economy, wealth tends to accrue to innovators and efficient operators, and someone with a new idea or better way of doing things has a chance to get to the top.
The whole idea is to help them finance a lot of changes in their technology so they can become more competitive in the future.
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