series - (sports activities) many contests played successively by a similar groups; "the traveling to crew swept the collection"
Essentially the most narrow variety is immediate competition (also known as "category competition" or "model competition"), exactly where products and solutions which complete exactly the same function contend against each other.
Predicting variations within the competitiveness of enterprise sectors is now an integral and express move in general public policymaking. Within capitalist economic methods, the drive of enterprises is to maintain and enhance their own personal competitiveness.
Most companies also persuade competition amongst person staff members. An illustration of this can be a contest involving product sales Reps.
The then present-day have a operate for just one’s money was suggestive of a decided struggle and subsequent victory or payoff. Nowadays to offer [an individual] a run for his money implies for making that person get the job done for what would otherwise are already a straightforward victory.
selling price competition, price competition - intense competition where rivals cut retail selling prices to achieve business enterprise
A set of strategies is usually a Nash equilibrium if Just about every represents a most effective response to one other approaches. If each of the gamers are enjoying the strategies in the Nash equilibrium, they have no unilateral incentive to deviate, due to the fact their technique is the greatest they are able to do supplied what Other people are executing.[43][44]
[7] Richard Dawkins prefers to consider evolution with regard to competition amongst single genes, that have the welfare on the organism 'in mind' only insofar as that welfare furthers their own egocentric drives for replication (termed the 'selfish gene').
The competing models by precisely the same company permitted pieces to become intended by 1 division and shared by many divisions, for example areas designed by Chevrolet would also be utilized by Pontiac. In 1931 Procter & Gamble initiated a deliberate procedure of internal brand name-as opposed to-manufacturer rivalry. The company was organized[by whom?] all around distinctive brands, with Every single model allotted means, including a dedicated group of employees willing to champion the brand. Every brand name manager was offered duty to the results or failure with the model, and compensated appropriately.
Competition is additionally the action of a Activity in which each of the individuals or groups is attempting to acquire, or a certain occasion at which this activity happens:
2nd, competition legislation can ban the existence or abusive behaviour of a organization dominating the industry. One case in point could possibly be a application corporation who through its monopoly on Pc platforms helps make buyers use its media player.[28]
"A horse under no circumstances runs so rapid as when he has other horses to capture up and outpace" [Ovid The Art of affection]
Aggressive athletics are governed by codified rules arranged via the individuals. Violating these procedures is thought of as unfair competition. Hence, sports deliver artificial (not all-natural) competition; such as, competing for control of a ball, or defending territory over a taking part in area isn't an innate Organic factor in individuals.
Quite a few philosophers and psychologists have identified a trait in the majority of dwelling competition organisms which may push The actual organism to contend. This trait, referred to as competitiveness, is seen as aquiring a higher adaptive price, which coexists together with the urge for survival.
competition - a business relation wherein two get-togethers contend to achieve buyers; "small business competition is usually fiendish from time to time"