Business Competition

A business is an planned effort to sell products and services on a regular basis. Competition between manufacturers consists of developing products that sell stores want to stock. Competition between businesses or stores consists of trying to get the customer to buy their product instead of the one offered by the competitor. In such cases, there is a clear winner and loser. But in the larger picture, businesses compete to see which has the greater market share and is more successful. There are three main models for competing in business.