This is perhaps the greatest power in the world, the so called "Power of competition".Let us scruitnized the word competition which is not only driving the business but everything around us in the 21st century.
Competition: If we look at the world around us, we can easily feel the puslse of competition, whether it is an Athlete striving for Gold in Olympics, a young graduate in opening of a new job , Or a student aiming to top the class and last but not the least , the ever concious common men and women competing to raise the social-standing in the soceity, so the competition is just about everywhere, i don't think any one of us can escape.
Competition, is always healty and in the interest of the betterment of the contry as long as it is in the right spirit, by healthy i mean equal opportunity to all the players who is in race to compete for the best.
Unhealthy competition means pulling one another's leg to win the race, conspiring to erase the opponent, attacking the opposition in a unethical way etc etc. In sports, if we take an example of unhealthy competition we would come across stories of atheletes taking unfair means such as drugs to win the Gold, Hence the spirit of competition taking the ugly shape and that's realy sad.
Unhealthy competition could mean parents pressurising their kids to do what they would like them to, irrespective of what they like to do themselves, this is really sad and not the true side of the competition.
On the positive side, competition has and always paid a great dividens to the people who have embraced it in a right manner, those who have honestly strived and are still striving to give their best without compromising on principles are trully appreciable.
Finaly, competition has direct link with Quality. it is a proven fact that, competition has given rise to "Superior Quality", which has infact benefited the customers with wide range of Quality products and services.
Due to competition, customers have become the KING, every company is aiming to snatch customers from each other, and in a process given the remote control to "common man" the customers , Now we can choose the product we want, which ends the ERA of "MONOPOLY".
Fact reamains, No competition------No Growth.
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