What Is the Definition of Competition?

Answer

Competition is the condition of trying to win by defeating or showing superiority over others Inter-brand Competition is competition between firms that have brands or labels for their products that distinguish them from other brands sold in the same market. Each of these brands is normally preferred by different consumers who willingly pay higher prices of one brand compared to another. Some of the common brands are pepsi-cola vs. Coca-Cola, Huggies vs. Pampers.
3 Additional Answers
Ask.com Answer for: what is the definition of competition
com·pe·ti·tion
[kom-pi-tish-uhn]
NOUN
1.
the act of competing; rivalry for supremacy, a prize, etc.: The competition between the two teams was bitter.
2.
a contest for some prize, honor, or advantage: Both girls entered the competition.
3.
the rivalry offered by a competitor: The small merchant gets powerful competition from the chain stores.
4.
a competitor or competitors: What is your competition offering?
5.
Sociology rivalry between two or more persons or groups for an object desired in common, usually resulting in a victor and a loser but not necessarily involving the destruction of the latter.
More Definitions
Fewer Definitions
Source: Dictionary.com
Competition is a contest between people, groups, animals, etc. for any number of rewards or perceived rewards. It can also be defined as the individual or group you are to compete against.
The definition of competition is to compete against groups, individuals, animals, etc., for a prize or profit. It can also be a contest or a test of a skill.
Q&A Related to "What Is the Definition of Competition"
Competition is a broad topic but to make it as simple as possible is when two opposing individuals or parties fight for getting, obtaining, or winning the same object or purpose.
http://answers.ask.com/Entertainment/Toys_and_Game...
When two organisms from different species are after the same resources and food, they are in competition.
http://wiki.answers.com/Q/What_is_competition_in_s...
Monopolistic competition is a market structure in which many
http://www.chacha.com/question/what-is-the-definit...
competitively: in competition
http://www.kgbanswers.com/whats-the-definition-of-...
Explore this Topic
Competitions are events in which individuals or teams strive to outdo each other's skills in order to emerge as the best in given areas. They may be competing ...
The term competitiveness refers to an aggressive motivation to contend. In business, the term is used to refer to the capability of an entity to function efficiently ...
The word competitively refers to something that is involved in a certain competition, for instance, companies. Competition refers to the desire to excel to surpass ...
About -  Privacy -  AskEraser  -  Careers -  Ask Blog -  Mobile -  Help -  Feedback © 2014 Ask.com