Preview

Examples Of Competition In American Society

Satisfactory Essays
Open Document
Open Document
302 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Examples Of Competition In American Society
Competition in American Society Modern society is full of competition; however, this competition is not necessarily bad. Competition is an important aspect of society for several reasons. First, competition leads to improvement. Second, competition prevents society and even businesses from becoming stagnant. Last, competition provides people with choices and variety. Some people may feel as if the world has become too competitive, but they should stop to consider there the world would be without it. By having competition, people work to improve themselves. For example, if two companies are selling a product that is similar, one company is going to work even harder to make a better product than the other. Companies who compete against

You May Also Find These Documents Helpful

  • Satisfactory Essays

    | Competition would influence business as they can identify what the competition is selling so that the company can create products that are better that the competition so they can…

    • 987 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Labour market competition is the demand of labour form many organisations. For example if there are 10,000 individuals in the labour market and the total demand needed is 20,000 individuals the organisations will need to compete to get these individuals.…

    • 880 Words
    • 4 Pages
    Good Essays
  • Good Essays

    A healthy rivalry can generate consumer interest for the product and services offered due to the competition between businesses. This usually produces publicity and it can generate a more perceived need or desire. A key element to rise above the competition is to provide high-quality service and putting the consumers’ needs first. Competition can be effectively combated by emphasizing on how different and exclusive the features of the business products and/or services are. By stating how you are different from a widely known competitor, you can often more easily express your differentiation.…

    • 898 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Competition is generally regarded as being positive, bringing benefits in particular to customers. The advantages of competition are based on the fact that, in order to gain market share, firms need to offer the cheapest or the best quality products to customers. This requires them to operate as efficiently as possible, in a cost effective way while at the same time improving the quality of products and services as much as possible. However, competition also has some negative. Where competition is based solely on price, product quality might be sacrificed because resources that are devoted to competing with other firms, such as the huge amounts spent on advertising and packaging, could be directed to producing cheaper or better products. Also, competition between firms means that, inevitably, some businesses will be forced out of the market, with the economic and human consequences of redundancy and unemployment. Finally, the competitive process tends to mean that successful established businesses gradually take over, for example Nestle…

    • 692 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Tucker Essay

    • 330 Words
    • 2 Pages

    Competition is truly important to the United States these days it’s what gives us all a larger variety of goods and which most are sold at a reasonable amount. Also competition allows different people and different companies have different outcomes. This allowing up or downs in economics for United States. Competition might lead a person to become wealthier or poorer.…

    • 330 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    QHT1 task 3

    • 492 Words
    • 2 Pages

    Competition is where the strong will survive and where people will be the best that they can be. A competitive environment feeds into a person’s desire to always want to be the best against the best. This will allow for many new ideas and theories to be shared and created. Competition is what keeps a business alive and fresh because when a company because complacent they tend to become vulnerable and weak and then are easily surpassed or taken over by a competitor (Ryan May).…

    • 492 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Competition should be encouraged in society because it allows us to progress and become more productive and efficient individuals. While some may disagree with it, competition will not stop. It is involved in every aspect of society and has helped us achieve things that were never thought possible. Competition motivates us and makes us strive for success. “These qualities have led American Society to greater societal achievements in productivity than found in less competitive societies”…

    • 1217 Words
    • 5 Pages
    Good Essays
  • Good Essays

    International Management

    • 550 Words
    • 3 Pages

    Competition is known as the principle of capitalism. Businesses make the product and consumers purchase based upon other consumers opinions of the products or services, consumers want the best quality and service for their money. If a company makes a…

    • 550 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Excellent competitors prosper and grow, while weaker rivals are restructured or go out of business. Quality-adjusted prices fall, value improves, and the market expands to meet the needs of more…

    • 1751 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Competition in most cases is a good thing. Athletes often profit the most from competition because they are forced to give their all on every play. Even a world class athlete, if he has completion will be pushed further and will have to give in to his own agenda (laziness) to remain competitive. Competition in the market place is no different; it combats most company self-interests and instead provokes producers into wealth-creating activities.1 The competitive process I feel also provides an even stronger incentive for producers to operate efficiently and heed the views of consumers.…

    • 400 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Competition allows consumers to control the prices of goods by choosing what to buy and where at. Companies must strive to win the customers over by using a number of different methods. Quality, price, and service are the…

    • 512 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Competition should take place in all levels of business this not only allows businesses to specialize and refine what they do. This also allows people to receive a variety of services and lower pricing. Competition forces organizations to plan and evaluate their services to ensure their market segment needs are being met and evaluate the success of the services or products in place. This helps organizations connect to their local market segment by forcing them to communicate with their patients. Competition should improve the quality of products and the services…

    • 794 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Organizational Communication

    • 3922 Words
    • 16 Pages

    "Effective business communication is the lifeblood of every organization" (Murphy et al., 1997, p.4). It has been said that communication is the backbone of business, and those who possess such an ability to communicate effectively are those most likely to succeed in competitive business environments. But before this issue can be tackled, the term first must be defined: what exactly is communication? According to Robbins (2003), communication is the process of transferring and subsequently understanding meaning. A study by Updegraff (2003) proved that efficient communication exhibits properties which decrease conflicts, augment efficiency as well as allow firms to operate in a more coherent fashion.…

    • 3922 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Competitors are any company in the same market place as your company. In order of a company to be successful in the market place a competitors most grain a competitive advantage over its competitors. Toyota has been successful in maintaining its competitive advantage although competitors like Citroën have cars which are just as efficient as the Toyota Prius, “Toyota is still the market leader in this segment” [principles of marketing]. They have done this by capturing people imagination by being the first Hybrid car on the market and through the effective use of advertisement.…

    • 1582 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Competition can help make you grow as we. Compete one-on-one; compete against another company; compete against your own objectives – the more the competition, the potentially better product (you) because of what’s at stake… pride.…

    • 4375 Words
    • 18 Pages
    Good Essays