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Elements of International Business - Competition and competitiveness.
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Elements of International Business INB240/70 COMPETITION AND COMPETITIVENESS Written by: Alexander Zotov CONTENTS 1. Introduction..............................................3 2. Competition..............................................3 3. Competitiveness.........................................3 4. Links between competition and competitiveness...3 5. Conclusion...............................................4 6. Bibliography.............................................4 INTRODUCTION In this assignment I will define competition and competitiveness and identify the differences. Also, I will try to find the links between them. COMPETITION The act of seeking, or endeavouring to gain, what another is endeavouring to gain at the same time; common strife for the same objects; strife for superiority; emulous contest; rivalry, as for approbation, for a prize, or as where two or more persons are engaged in the same business and each seeking patronage; -- followed by for before the object sought, and with before the person or thing competed with. http://web.ask.com/redir?bpg=http%3a%2f%2fweb.ask.com%2fweb%3fq%3dbusiness A simple definition of competition would be a desire to get a bigger customer base than your competitor (business or an individual who is providing similar service or selling similar goods: same market) COMPETITIVENESS There are various definitions of competitiveness but...
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