According to Uniqlo, what should they not avoid in their business?

The focus of Uniqlo's business strategy emphasizes the importance of embracing competition rather than avoiding it. Engaging with competitors can foster innovation, drive improvement, and enhance product offerings. By addressing competition head-on, Uniqlo is better positioned to understand market trends, customer preferences, and operational efficiencies. This proactive approach encourages the company to continuously refine its strategies, ensuring that it remains relevant and appealing to consumers.

In contrast, avoiding aspects like technology, risk management, or customer feedback would hinder growth and development. Technology is vital for optimizing operations and enhancing customer experiences. Risk management is essential for sustainable business practices, safeguarding against uncertainties. Customer feedback is crucial for understanding market demands and improving product lines. Therefore, the emphasis on competition aligns with a well-rounded strategy that prioritizes resilience and adaptability in a dynamic market environment.