Many organizations around the world fear competition. They are scared that another bigger badder organization is going to come along that can offer the same features and benefits but will offer them: quicker, cheaper, with more customization, with better customer service, etc. Competition is actually a good thing, in fact it’s a great thing.
Without competition Apple would have never created their Ipod, Microsoft would have never created Windows, and Google would probably be non-existent. Competition is essential because it leads to one very important thing, innovation.
People are always looking for products with more features and capabilities, products that cost less but can do more, and products that just plain solve their needs/wants better than any other product can. When companies compete, consumers get what they want.
But what do the companies get? Well, when companies compete they set new standards for other companies to either match or to beat. When a company sets a new standard, it gets more recognition and an increase a revenue. Then another company comes along and raises the bar, that company now gets the recognition and the increase in revenue. And so the companies dance, until someone makes a wrong step, then the dance is over.
The reality is competition is everywhere, I know competition is not encouraged in many schools, which to me seems like educators are depriving students of a valuable life skill (and fact). Sure you can tell kids/students that everyone is a winner, well what happens when they get out in the real world and realize that everyone is competing for that same job at that same company?
becuase it helps from keep on winning
i've got a question. see i'm doing a report on the positive effects of competion for a report, think i could use your help?
True, I gotta essay to do on this subject also and that helped me realize alot.
Thanks. Helped me with the assignment im working on for school.
I agree with this blog, this comment is very interesting and I want to visit it more frequently.
This is an assumption. it assumes that Apple, Microsoft windows or google would have thought of doing what they do without competition. It is these kind of assumptions that cause companies like Enron to be so innovative that they are illegal. The economic crisis was caused by competition to make more and more money. They do not get new standards they find ways of producing lower standards to be more competitive in price. this page is portrays a complete lack of knowledge.
can i anal fist you?
uj6
Enron failed due to lying and cheating and illegal activities – not competition. Greed is not competition. When businesses have to compete for your business, it drives the price down. Customers will not go back to your business if you do not make your product well especially when they can buy it elsewhere. If there is no competition and customers are forced to buy from only one source, then the price goes up. The consumer has no options.
we wouldnt be alive if it wasnt for competition
Do you know who says “is not a matter of winning or loosing, but to have fun”? A looser! It IS a matter of winning, but if you don't, at least have fun doing it 🙂 and learn from it. Competition is essential
Thanks for the article Jacob! Competition proves itself over and over, yet on occasion it's made out to be evil. The complainers need to realize they too benefit from healthy competition. When a child competes in school and does well, we all benefit if he/she become a doctor, teacher, scientist, etc. In the real world we will always experience competition, and this is a good thing!
nice statments and alot of facts and generelizations there, whereas people who are against competition only have thier own opionions and not solid facts and statistics to back it up.People got to know that competetion is in our blood so there's no point stopping it at early ages, that just makes the situation worser.
No alison they couldn't have gotten as far as they are without competition because competion is that thing which gives us the boost to keep going. These variety of companies wouldn't have been doing what there doing now without competition
And next time when your commenting about enron check past history, cause they don't have a good one.
dj_4_real dont talk about alison like that becasue i hate competition becasue its not good
i'm doing competitve sports and this has helped alot even though it doesn't revolve around the sport side.
Look, there is plenty of scholarly work on competition. There are lots of known problems e.g. the public goods problem, externalities, short-termism (look them all up!!!) not to mention the moral argument that that competition is undemocratic.
There is also a psychological question which asks “What is the effect of competition on human development and happiness?”. I think, if you looked, you would find that most of the evidence from social science says that competition has many negative effects on the human animal, and the development of communities.
You have to compete to live. Everyday. Every second
nice statement i was just looking online for that question and i found it u gise really helped me finished my essay
Have you considered that if those companys would have worked together, the products we have today would be far better. “Competition is essential because it leads to one very important thing, innovation.” Not true. Competition leads to unnecessary enemys. Scientific studies have shown, that people that have no competition when they have to solve a problem, come to more creative and innovative results, than those who were competing.
All your points are true. But its also true that competition can lead to price wars, competency of the competitor problems and negative marketing by the competitors thereby giving us wrong data. What I opine is that competition is a market force or social force. Just like a pen or a nuclear bomb, blame cannot be attributed to it. It’s how we use it that decides whether competition is good or bad.
I don’t agree that without competition Microsoft and Apple would not have developed windows O/S or the I-pad. Maybe it would have taken time but the end product would have been much better, not that I mean that these products are bad. But why microsoft? What about the Wilbur and Orville Wright and the modern airplane? What drove them to invent the first plane! What about the wheel? Did my great x billion grandfather build it because of competition? No-he invented it as he felt the need for it. Need and competition follow parallel tracks but need stays a little ahead. It is when competition starts leading and need lagging, that the problems start.
All your points are true. But its also true that competition can lead to
price wars, competency of the competitor problems and negative
marketing by the competitors thereby giving us wrong data. What I opine
is that competition is a market force or social force. Just like a pen
or a nuclear bomb, blame cannot be attributed to it. It’s how we use it
that decides whether competition is good or bad.
I don’t agree
that without competition Microsoft and Apple would not have developed
windows O/S or the I-pad. Maybe it would have taken time but the end
product would have been much better, not that I mean that these products
are bad. But why microsoft? What about the Wilbur and Orville Wright
and the modern airplane? What drove them to invent the first plane! What
about the wheel? Did my great x billion grandfather build it because
of competition? No-he invented it as he felt the need for it. Need and
competition follow parallel tracks but need stays a little ahead. It is
when competition starts leading and need lagging, that the problems
start.
It may be a reality but if the lesson is learned early in life to try to achieve to gain acceptance which creates acceptance hungry adults. The fact is every child that goes to school is their to gain skills so they can move through life and function independently while maintaining a healthy happy life. If you are killing yourself for approval, that kind of negates the pursuit of happiness philosophy
and it also leads to a decreased creativity and independent thinking. Competition overrides the passion aspect!
Competition is inherent in us as well as cooperation, there are extremes of both, and right now in our current day and age we are seeing the extremes of Competition. I do not agree with our modern day version of Capitalism, the extreme competition on which it is based on is destroying third-world countries instead of allowing them them to grow. I agree that competition is apart of us all, but don’t think its the only thing that matters, there comes a time when you have to step back and question whether what you’re doing is right. As for Apple and Microsoft, both Bill Gates and Steve Jobs stole ideas, they did not come up with all these great ideas completely by themselves.The company that came up with the computer system that we use today doesnt even exist anymore. So yes maybe it was competition that brought both companies to where they are today, but whether it was honest competition is another question.
Hello 🙂
Are you saying/would you say competition is ‘good’ in a moral sense? (e.g it is morally good or right to compete) I would think that there is nothing moral about the motivation of ‘being better than someone’
I think that innovation and creativity are not only possible without competition but are best developed in a non competitive way, as you are focused on trying to make something new rather than trying to beat something or someone else.
I think consumerism is not a good thing (I can explain more if you would like :))
I think that to progress in a skill (for a company or otherwise), working together on the skill rather than against each other proves more useful.
Yes the world is competitive, but this does not make competition good.
I hope this has adressed all your points and that you will change your mind about competition 🙂
cool i like yours
cool i like yours
So your saying….”is not a matter of winning or losing, but to have fun.” Just to correct you, Um since BTW: you said, “At least have fun doing it”. Read before you send something OK? I know thiss sounds confusing but ya.. :/
I totally like agree! 😉
woww, your are so smart!
Not to get into this, but he’s just saying what he thinks anti crusader, it’s a matter of opinon! Start reading the first Amendment in the Constitution, OK? 🙂
Ya, I agree it does help alot if u need to write a paper like u, or myself as well! 🙂
I like that! Where did u get that quote from?? 🙂