3. Questions
What is Competition.
Why and for what there is
Competition.
What are the benefits of Competition.
What are the types of Competition.
4. Competition
Robert Thomas said that
competition is a contest.
Prize
Respect
Advantages
Any type of interest
5. Why there is competition
Our capitalist system ensures that
individuals and businesses make
the decisions what to produce how
to produce and what price to charge
for product
6. Benefits of competition
Variety
Vast Price range
Improvement in business
Improvement in Market