How Does Competition Affect Our Society

. In every part of the world, there is a certain aspect of competition which is acted on. With out competition, there would be no challenge in anything that regards the activities that are common among a group and nothing would be done as a result. This means it is the building block of the way of life in the world. Whether it is competition in a certain type of sport, competition in the workplace or even competition in the school ground, competition is omnipresent and it has different aspects that affect our lives today. Competition can have a huge impact on the teaching and learning of individuals in a school or university area. The students of those institutions may compete either academically or athletically. On the track, the

It has a part to play in the different jobs of different multinational organizations in the business world, one business will want to produce and sell their product to gain profit as an end result, but another business may appear with the same products and the same long term goals but achieve it faster and more affordable. Competition starts from there. In this aspect, Competition has a part to play in the long term goal of the two individual organizations. Because of the intense brawl for colossal amounts of consumers in their business, one business may tend to drop prices exponentially in order to increase the number of consumers or one may issue sale promotions, specials or other forms of gaining a plentiful amount of consumers thereby increasing the amount of profit that is obtained. Along with competition between organizations, there is also competition between consumers. One consumer may want an item which someone else wants therefore starting a continguent feud for that specific item therefore becoming a competition. In a business as well a when one is purchasing an item, competition has a part to play in the success of the goal and achieving that specific item. It helps to keep one committed to their long or short term goal and strive to succeed higher than the standards of the long or short term