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'Competition' can be defined as follows:
1) a situation in which individuals or groups strive to see who can achieve the best performance in a given endeavor such as in sports or academics
2) such a situation in the business world in which companies strive to achieve the highest profitability in a given industry
3) an economic condition in which companies are relatively free from government regulation and are free to strive for the highest profit in their respective industries
4) in Biology, the struggle between organisms for food or habitation in which the individuals best adapted to their environment survive and procreate to continue the species; natural selection; survival of the fittest
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∙ 14y ago
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How do you define competition?
Competition is challenging, controlled and often playful rivalry in which individuals or groups oppose each other in order to determine who can achieve the best performance in a given activity such as in a sport or in business.
Define the marginal production theory?
if the situation of perfect competition prevails in the economy then reward to each factor will equal to its productivity
How would you define Buoncy.Explain it cause?
Define buoncy.explain it cause?
Why is competition important?
Competition is important because without it there would be no markets. What would sports be like without competition, nothing and it is the same with the economy. Competition can be taken away with the use of monopolies, and this was evident in the early 20th century. Competition plays a necessary role in the economy around the world and keeps it going.
Is competition important?
Competition is important because without it there would be no markets. What would sports be like without competition, nothing and it is the same with the economy. Competition can be taken away with the use of monopolies, and this was evident in the early 20th century. Competition plays a necessary role in the economy around the world and keeps it going.
Define interpersonal competition and just give example?
Interpersonal competition refers to rivalry between 2 or more persons, such as student competition in class.
How would you define super competitive?
somebody who cares about winning too much and takes any competition too seriously, no matter how frivolous
Why is it important to have competition in the business world?
define compotition in the business world
Define competition as it relates to the survival of organism?
the short supply in the environment
Define team dogs?
Team Dogs: a group of dogs that work together in a competition.
What does monopaly mean?
If there was no monopaly then there would be no competition with no competition then there would be no monopaly
How do you define rivalry?
Rivalry is intense and sometimes angry competition, game, action or position among individuals or groups who are trying to outperform each other in a given activity or competition. In sports for example, a long time rivalry in college football would be a game between Harvard and Yale.
How would you define a substance based on what you have observe?
How would you define a subtancebased on what you have obsrved
How would you define a substance based on you have observed?
How would you define a subtancebased on what you have obsrved
How much would you earn in a competition?
it depends what competition?
How do you define competition?
Competition is challenging, controlled and often playful rivalry in which individuals or groups oppose each other in order to determine who can achieve the best performance in a given activity such as in a sport or in business.
Define the marginal production theory?
if the situation of perfect competition prevails in the economy then reward to each factor will equal to its productivity
