How Competitive In American Society Is Too Competitive?

Businesses are not only faced with competition within the industry they operate in. They also face competition from businesses in other industries.

Many people feel that American society is too competitive. Competition is essential in the improvement of goods and services. It forces the providers to give more to the consumers in return for the purchase of their goods or services. It also can force the provider to lower their prices to attract consumers.

I believe that competition can be a good thing. For instance, there can be a greater variety of choice. Take phones for example. Phone companies compete against each other to create one phone that is better than the other. Having varying companies like Apple, Google, or Samsung will provide customers with an abundance of choice. A great alternative is to have variety than one major company. Having only one company to pick from, not just phones but food, clothing, is a little uninteresting. The competitive behavior in companies pushes forward production. Companies compete to extend their inventory and selection to create more products which consumers will buy and assist market growth.

Competition is present in all aspects of American society. Competition gives a base for trying to reach better things. Without being competitive, people will become stale. Competition makes people motivated, work harder to increase productivity, and strive to reach greater goals.

Some may think of increased competition as a disadvantage, but it is has its advantages because increased competition produces an increase in quality and decrease in price for the consumer. Capitalism tends to reward the business that produces the highest quality item for the lowest price, resulting in increased market share for that company.

• Rivalry among Competition – Competitors are always looking for new ways to outperform their rivals whether it be by offering a unique product or by making the prices for the product at lower prices than that of their

It is a country that aspires to the Emerson Ideal, or “a union is perfect only when the all uniters are isolated.” America is a country that is defined by the independently working parts that constantly build upon themselves in order to create a system of process. As the article states, “the question changes from ‘How does it come out?’ to ‘How are things going?’” Everything is in transit and nothing has to stick to a specific structure. “America is process,” the article states, and it is this ideal of continuity and the endless possibilities therein that makes America

Competition is important because without it there would be no market place. The ability to compete against another firm and or company has a major impact on the economy, if there is only one company in the market place that is offering a product or service then that company can charge whatever price it deems to be reasonable to the customers. The product and or service may not meet the customer’s expectation

Competitors pressure each other to be more efficient, to be lenient and rudeness. This is the very essence of capitalism. It is wrong thing to say that only the consumer benefits. If any type of firm improves itself, re-engineers its production processes, introduces new management teqniques, modernizes in order to battle the competition, it stands to reason that it will lurks the rewards . Competition benefits the economy, as a whole, the consumers and other producers by a process of natural economic selection where only the fittest survive.

Core values need to become the main focus of companies. When Apple Inc. launched their think different campaign it became a whole new level with marketing being about values by showing people who they are as a company and what they are going to do to change the world. Manufacturers and service providers can become world-class competitors by “emphasizing close relationships with suppliers and other companies to satisfy

For this reason, a pure monopolistic company is not so intent on selling the most expensive product, but instead places their intent on maximizing their profits (McKenzie, 1998).

On the other hand there is the case of the marketing team that does appreciate competition as they see it as an advantage. As it is difficult to emerge a market by only one company, marketers sees competition as an opportunity to create a nascent market. As it can rise the knowledge of the consumers over the product or service. The second advantage would be that as a result of competition, the productivity of the business would also increase; because they would have to compete for the sales the company would increase the quality and performance.

Competition is widely considered the backbone of innovation, and the fundamental driving force behind creative destruction leading to greater satisfaction. This is a vital element of the Neoclassical school theory which is the central school of influencing policy makers. However, a problem is that the term competition entails a broad range of variations and meanings. Thus differing schools of thought challenge this ideal, and put forward the idea that the aim of competition is usually not an absolute goal to improve oneself, but rather to be better relative to the competition (Wissenz, 2010). Criticism may be aimed at extreme forms of competition for encouraging unethical behaviour, being inefficient and providing consumers with less satisfaction than the Neoclassical School claims. Given the spectrum of strengths in which competition can be applied, it’s necessary to understand the different forms of competition, as well as the context of the markets examined.

Many industries contain one firm that is the acknowledged market leader. This firm has the largest market share in the relevant product market,

Competition in the economic sphere denotes the process of rivalry between firms for the patronage of customers. The European Commission defines competition as a situation in which firms or sellers “independently strive for buyers’ patronage in order to achieve aparticular business objective, for example, profits, sales, or marketshare”7. Richard Whish refers to competition in the commercial world as “a striving for the custom and business of people in the market place”8. In this sense, competition is the equivalent of rivalry between firms; this rivalry may be in different forms such as for price, service, or a combination thereof, or other factors.