COMPETITION IN ALL THING

in competition •  2 years ago 
Many people argue, competition is beneficial to the public. In the economic field, competition is the competition between sellers who are both trying to get profits, market share, and the number of sales. Sellers usually try to outperform the competition by differentiating prices, products, distribution and promotions. When producers compete to provide goods or services, it will lower market prices and better quality. Companies try to sell at lower prices than competitors to attract customers. Competition or competition occurs in society because there are similarities to achieve goals, the goals to be achieved are limited so they tend to be fought over. Free competition is where all entrepreneurs or business people compete in their respective businesses, there are no certain restrictions, especially nowadays outsiders can open businesses in Indonesia, and vice versa, so we must prepare ourselves to enter global competition.
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