Many people feel that American society is too competitive. Does competition lead to better products and results, or does it lead to a focus on winning at all costs? Is fierce competition a good idea or bad idea? It’s a good idea to have the American society competitive. Being competitive brings out the best in people, doesn’t let people fill entitled, makes products higher quality goods and services. First of all, Bring out the best in people is always a good thing. If you’re a business owner or a worker for the company or business, being the best you can be is always going to lead to good things. Competition will cause people to be the best they can out of spite to be better and to keep their job. No matter if you’re an amature all the …show more content…
People use and abuse the government system too much nowadays already. Most of your Millennials already filling like the world owes them something is bad enough. But having competition helps keep them not getting everything handed to them. Making people feel like they have to work and be competitive to make, it makes our society result in the best it can be.
Moreover, If you’re a company owner and you make a product you don’t want competition. But once about only ten percent of people in America own a business or company there is gonna be competition. As a consumer you want competition it forces the companies to make better goods and provide better services for cheaper more fair prices. Which then allows you to be able to buy more goods and services. Which then allows you to be more successful in life and achieve more goals and those goals faster.
In conclusion, Does competition lead to better products and results, or does it lead to a focus on winning at all costs? Competition keeps people honest by not letting them fill or be entitled. It keeps people at there best all the time which is good for society. And it makes goods and services better for the consumer. So to answer the question yes it does lead to better products and
Idea of competition was healthy because made people have mentality of industrialism and growth for the race of america Vanderbilt, Carnegie, Rockefeller, and others are often remembered as monopolists, yet they radically lowered prices. As early entrants into their markets, they fought their way through chaotic competition by strictly controlling costs and increasing efficiency at every step. By making transportation, steel, and oil far cheaper and more widely available, they contributed to the rapid growth the American economy, and the creation of tremendous wealth. Mentality of superiority, they didn't have to serve military service by paying a sum of money.
A majority of the attractiveness stems from the abnormally low buyer and supplier power. However, this gain is offset by the current low barriers of entry and high competitive rivalry. In order to remain competitive, incumbents must (1) invest heavily in research and development, (2) secure technology via patents, (3) market heavily to monetize products, all of which will diminish bottom line results.
According to The New York Post, the number of cancer cases of 9/11 first respondents had hugely increased from 1,140 to over 2,500 within a year. However, the epidemiologists from Mount Sinai hospital do not agree with the double of this case as it is crucial to ‘be careful and try to understand what you are comparing.’ The hospital also conducts research and finds out that, comparing to the general population in America, there is an approximately 20% increase in cancer incidence in 9/11 rescue and recovery workers. The particular diseases that they are exposed to are thyroid and prostate cancer, myeloma and leukemia. However, this result causes questions due to some contributing factors, including over diagnosis of certain cancers which are thyroid and prostate and the continued aging of the first respondents. This case is significant as 9/11 is still having an impact on American society, being more than a significant historical incident for Americans, although the search for a similar context would be able to frustrate researchers.
History has shown that societies that promote vigorous competition among private companies have lower prices, better products, and greater consumer choice.
It creates equal and fair pricing. The economy would be tyrannical without competition, that is why they made a policy to destroy any monopolies from forming because if they were able to form and take over that area of the market and raise prices outrageously to whatever they feel would make them as much profit as possible while not raising too many suspicions. However if there is a monopoly they would be able to raise the prices however high they want because there is no other companies selling that same product at a cheaper price. Competition creates fair prices because take for example two gas stations right across the street from each other. They are both getting solid business until one decides to lower the price of his gas ten cents. The other gas station notices twice as many cars at the other one and decides to lower his fifteen cents. This just keeps going on until they have to stay in a certain range so they can still make a profit, but this is how competition stabilizes the economy. Competition also makes companies come out with new and innovative ideas to grab that portion of the economy. In other economy's where there is communism they don’t create products to the best of their ability or try to create new things as they are all getting paid the same so there is no incentive for employers or employees to work harder. Competition is what makes the U.S come out with the latest technology, latest cars, phones, and anything you can think of. An example of a big time monopoly was John D Rockefeller, he was able to control everything, prices, products, elections it just creates solo dominance in the market which is not good. We need different products in the economy and different versions of products for every different person and every different cause for wanting that product. The U.S economy is number second in the world now which is why we are so great and have so many varieties of products. This
It can help to pull customers’ needs and preferences in a direction where you want them to go, which is ideally away from the competition’s trends. This has a double effect of you taking market share from them, and making R&D pricier for the competition. It’s also riskier, because at an initial point you have make that same big expenditure yourself, and it may not work, or the competition is doing something equal or superior.
On Christmas Eve in 2010, my grandmother received a gift from a hospice nurse who was assisting with my grandfather’s deteriorating health. Initially both surprised and embarrassed by the gesture, her emotions quickly changed once she removed the wrapping. A single package of Ramen Noodles was revealed. Embarrassment changed to confusion as she attempted to wrap her mind around what she had received. The hospice worker drove a 1997 Plymouth Voyager that she regularly complained about not being able to run properly for more than a week. She wore old worn out clothing and my grandmother claims she had never seen the woman wear jewelry before. It was evident that she was not wealthy. Although she could not afford a gift, the nurse in her
Is American society too competitive? Yes, humanity as people know it is very competitive in all regions of their lives. In high school, one has to be the best to play any sport. If you are a female, the stress to be the ideal depiction and be more attractive than the next girls are implausible. To get into college, it is a contest to be the superlative student to get acknowledged. Most American children are brought up doing activities that teach and train them to be competitive, often times while working in a team situation. Competition is in the principle of profession. To survive in the country, one has to be hostile. Competitiveness lies at the heart of what has driven the country to become the best on Earth at so many things. America’s
Competition being one of the major issues that often must be addressed in the business world, it is important for a firm to learn on ways to reduce the impact of the competition. Competition is definitely an important factor in helping a business
Classism in the United States began as soon as it was conceptualized. Slavery was the first glaring example of classism. Obviously based along racial lines, Africans and African Americans were enslaved with essentially no hope of achieving a higher economic status. With exception of slavery of the time, “on the eve of the American revolution incomes in the 13 colonies that formed the United States were more equal than in virtually any other place on the planet” (“As You Were”). As time went on, the industrial revolution took place, and created large gaps between workers and their superiors (“As You Were”). The trusts that helped the wealthy, become richer were eventually made illegal through president Theodore Roosevelt's trust busting (“As
The United States of America is a melting pot of various cultures, who wish to obtain one goal, the “American Dream”. Being an American means one is guaranteed by law to have natural rights, which are life, liberty, and property. In the government’s eyes, one must become a legalized citizen in the United States, to be considered as “American”, but there happens to be a deeper reasoning to be truly recognized as an American. Americans are seen equally, which allow most individuals to be successful in what they want to pursue. Many Americans show patriotism towards The United States of America by celebrating national holidays, and going to patriotic events.
Many of Americans today do not take the time to realize that our nation is little by little falling apart. Our leaders are corrupt, our environment is being destroyed, and there are thousands of children being born each day. The three major social problems facing the American citizens in the 21st century are births to unmarried woman, being able to trust or government and or leaders, and lastly destroying the environment.
Existing Competitors. Rivalry among competitors within an industry use price discounting, new products, marketing, and other techniques to be competitive. Profitability of an industry suffers from high rivalry. The intensity with which companies compete and the basis on which they compete determine to which degree rivalry brings down an industry’s profitability (Porter, 2008). Pure competition is considered by economists as a competition with a high
Today’s markets hold aggressive competition between companies in order to dominate as much share as they can from the market. That is why most companies are seeking for a competitive advantage that will differentiate them from their other competitors and makes consumers buy their services or products over the others.
For example the competition for a laptop manufacturer may not only come from other laptop manufacturers but also from two wheelers, refrigerators, cooking ranges, firms offering saving and investment schemes like deposits and issuing shares or debentures, etc. Thus, customer has many choices for investing his income. Such kind of competition is known as a desire competition when the competition among such alternatives which satisfy a particular category of desire and it is very high in the countries with limited disposable incomes and many unsatisfied