, 23 Feb. 2025 But Despite these types of malfeasance – which remains in complete drive today – and in addition Significantly deployment of money that inevitably floundered thanks to brutal competition or disruptive innovation, the price savings of usa citizens has delivered a quantity and top quality of output past the dreams of any colonist. —
Critics of competition for a motivating Think about instruction programs, for instance Alfie Kohn, assert that competition basically contains a Internet detrimental affect to the achievement amounts of scholars, and that it "turns all of us into losers".[15] Economist Richard Layard has commented on the hazardous outcomes, stating "men and women really feel that they're below a substantial amount of stress. They think that their principal aim in everyday life is to perform much better than other people. That is certainly certainly what teenagers are being taught in class every day. And it's not a great foundation for the society."[sixteen]
Predicting variations in the competitiveness of enterprise sectors has become an integral and express stage in public policymaking. In just capitalist financial units, the drive of enterprises is to maintain and increase their particular competitiveness.
Competition is usually found in trade. For nations, and also firms it is vital to comprehend trade dynamics as a way to market place their merchandise and companies properly in international markets. Equilibrium of trade might be deemed a crude, but extensively applied proxy for Worldwide competitiveness across degrees: country, market or even firm. "We share a typical perception that innovation emanates from the edges," explained Luisa Delgado, an SAP HR director, who observed the business valued the power of many autistic folks to "Believe in a different way and spark innovation.
Specialists have also questioned the constructiveness of competition in profitability. It's been argued that competition-oriented objectives are counterproductive to increasing revenues and profitability as they limit the options of procedures for corporations along with their capacity to give progressive responses to alterations out there.
plural competitions Britannica Dictionary definition of COMPETITION one [noncount] a : the act or process of endeavoring to get or earn one thing (like a prize or an increased volume of achievement) that somebody else can also be endeavoring to get or get : the act or process of competing The school fosters an ambiance of competition
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The product sales representative with the best income (or the top improvement in sales) more than a period of time would acquire Rewards in the employer. This is certainly also called intra-brand name competition.
, than Other individuals : an event in which competition people contend They had/held/staged a competition
The winner gains the seat of your elected Business office for your predefined time period, toward the tip of which A different election is normally held to ascertain the next holder from the office.
The choice to sell inexpensive TVs place the grocery store in (immediate) competition with the major suppliers of electrical goods.
Clever Vocabulary: similar terms and phrases Competing and contending (non-sporting) for a dare be a single up on someone idiom cat challenge somebody to anything/do a thing chancer dare gauntlet get one particular up on another person idiom give an individual/anything a run for his or her dollars idiom go in for a little something phrasal verb go toe to toe idiom jungle pit run somebody shut idiom runner runners and riders idiom sharp elbows idiom sharp-elbowed sharpen your elbows idiom snap See additional effects » It's also possible to locate connected phrases, phrases, and synonyms within the matters:
By way of example, a family which has $twenty,000 available could opt to invest it on numerous items, which could all be found as competing with each other for your household's expenditure. This form of competition is likewise occasionally referred to as a competition of "share of wallet".
A trade promotion lottery or competition is really a absolutely free entry lottery run to advertise items or companies supplied by a business. An example is exactly where you buy items or providers and after that given the prospect to enter in to the lottery And maybe win a prize. A trade marketing lottery could be known as a lotto, competition, contest, sweepstake, or giveaway.
Moreover, there is inescapable competition within a authorities. Because quite a few places of work are appointed, prospective candidates compete versus the Some others so as to get The actual office.