answersLogoWhite

0

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.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Define interpersonal competition and just give example?

Interpersonal competition refers to rivalry between 2 or more persons, such as student competition in class.


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.


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 super competitive?

somebody who cares about winning too much and takes any competition too seriously, no matter how frivolous


Define competitive edge?

having a clear advantage over the competition in terms of one or more elements of the marketing mix that is valued by potential customers.


What is the structure in a pure competition?

If you are referring to a "perfect competition"- you could define it as the most extreme type of competition, with many buyers . So, there are many companies selling the exact same product, without a restriction on new companies entering into the industry. If your sales accounted for in the industry are low (using percentage), you have a higher competition. On the contrary, if you have say 98% of sales in the industry you are monopolistic in competition. Examples of competitive industries would be clothing and textiles. Just for thought-There are many companies that sell these items.


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.


What does the word define mean in spanish?

definir - to define defino - I define defines - you (singular, informal) define define - you (singular, formal) define, he/she defines definimos - we define defineis - you (plural, informal) define definen - you (plural, formal)/ they define.


How do you define an auditorium?

An 'auditorium' is:1) a room where people gather to listen to and watch a performance (e.g. a play, movie, concert, lecture, or sports competition)2) a building housing such a room3) any room for listening


What are the Three levels of competition?

direct competition, indirect competition and budget competition

Trending Questions
Jean jaques Rousseau's Theorie on laissez faire approach to learning? How much money is spent on medicine in us? This economist believed that if the government controlled the economy it could plan for the needs of the people? What is one strategy that a business can use to sustain profitability? If you have 6 kids do you get 300 dollars for each child on your stimulus check or is 1200 the maximum amount for everyone no matter how many kids you have.? What is Americas wealthiest county? What is the current exchange rate of 20000 Mexican pesos in us dollars? Why a firm in a purely competitive labor market a wage taker? Do people on SSI disability get a stimulus check in 2012? Why do governments usually tax products with relatively inelastic demands? What would you do to solve poverty in America? Who is leonila faire? What costs remain the same regardless of the number of units produced? How can a firm that doesn't differentiate much from other products survive? Define economics using the following terms allocation distribution goods resources production and services? What are The three pillars of economic analysis? What is term that describes an investors optimistic view on the future of stock? What is an economic boom and an economic bust? When economy is moving in recession process demand is increasing supply is decreasing prices are increasing than what is that type of inflation? What are some of the best economy podcasts to listen to for staying informed and up-to-date on financial trends and market analysis?