Question

For over five years, Rick was the CEO of JB Guitars Inc., a corporation operating a chain of retail guitar stores. He had gained tremendous practical experience and decided to start his own business selling guitars. When he first started working at JB Guitars, Rick agreed not to carry on a competing business for two years after he ended his employment with the corporation. To avoid breaching that contract, Rick incorporated a corporation named Generation X Guitars Inc. to carry on the business. He is the sole shareholder, director and president. JB Guitars claims that the new corporation is just a way of getting around the non-competiiton agreement and has sued for a cour order prohibiting Generation X Guitars from carrying on a business competing with JB Guitars. Will JB Guitars be successful?

Answer 1

As per my thinking, Will JB Guitars be not victorious because it is not concentrating on the Opposition, and nowadays, for the organization's longevity, the struggle is essential. The competition provides consolation, which means the opportunity of competition means that customers have the opportunity to select either your organization or another organization. It reveals our Secret Sauce because when we come out from the Opposition, it is not that we are so dissimilar; it is that rather of being so similar to other firms, we have a reasonable standard that fixes us aside, Develop a Good Online Presence because by growing our online existence, we can be better than our Opposition in search engine growth side. It helps consumers more quickly search the Competitors are not all the time declining from our organization and expand loyalty, and that is so important because the better a buyer chose our product over an opposition's, the finer likely they are to convey on with choosing us, Breeds Brand Evangelists. After all, Opposition does not just create loyal consumers. It provides an opportunity for those consumers to champion for, hold up, or protect your brand, better primarily, opens your eyes to develop, permit for Market Research, teach our innovative skills.