Competition - Revision history

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2018-09-26T14:55:25Z

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Ed Poor: American competitiveness depends on better-educated workers and a stronger incentive to succeed.

2011-02-11T18:53:33Z

American competitiveness depends on better-educated workers and a stronger incentive to succeed.

Tisane at 00:54, July 16, 2010

2010-07-16T00:54:56Z

Joaquín Martínez at 11:20, February 15, 2010

2010-02-15T11:20:48Z

Joaquín Martínez at 11:16, February 15, 2010

2010-02-15T11:16:21Z

Economist: Clarified last statement - cartels are not technically a type of market structure, but rather a phenomenon that arises under oligopoly

2009-05-30T21:38:01Z

Clarified last statement - cartels are not technically a type of market structure, but rather a phenomenon that arises under oligopoly

DRamon: spelling

2008-10-31T19:44:49Z

spelling

HelpJazz: fix capitalization to remove some red links; clean up

2008-01-29T20:34:55Z

fix capitalization to remove some red links; clean up

Aschlafly: wikify -fixed

2008-01-29T05:26:44Z

wikify -fixed

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 *Who is your competition? The question seems so simple, but a company that defines its competitive set too narrowly can miss disruptive attackers and high-potential growth opportunities.<ref>[http://blogs.hbr.org/anthony/2008/11/who_is_your_competition.html]</ref>
-*American competitiveness depends on better-educated workers and a stronger [[incentive]] to succeed.<ref>[http://www.washingtontimes.com/news/2011/feb/9/not-a-faux-democracy/ Not a faux democracy: The Tea Party still believes in the exceptional America of old] - Suzanne Fields</ref>
+*American competitiveness depends on better-educated workers and a stronger [[incentive]] to succeed.<ref>[https://www.washingtontimes.com/news/2011/feb/9/not-a-faux-democracy/ Not a faux democracy: The Tea Party still believes in the exceptional America of old] - Suzanne Fields</ref>
 ==See also==

@@ Line 10: / Line 10: @@
 *Who is your competition? The question seems so simple, but a company that defines its competitive set too narrowly can miss disruptive attackers and high-potential growth opportunities.<ref>[http://blogs.hbr.org/anthony/2008/11/who_is_your_competition.html]</ref>
-*American competitiveness depends on better-educated workers and a stronger [[incentive]] to succeed.<ref> [http://www.washingtontimes.com/news/2011/feb/9/not-a-faux-democracy/ Not a faux democracy: The Tea Party still believes in the exceptional America of old] - Suzanne Fields</ref>
+*American competitiveness depends on better-educated workers and a stronger [[incentive]] to succeed.<ref>[http://www.washingtontimes.com/news/2011/feb/9/not-a-faux-democracy/ Not a faux democracy: The Tea Party still believes in the exceptional America of old] - Suzanne Fields</ref>
 ==See also==

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 Some competition exists among governments, inasmuch as citizens can act as [[sovereign consumer]]s, moving themselves and their capital to whatever countries they feel have favorable laws. This gives freer nations an advantage in competitions that may arise for  military and economic supremacy. [[Albert Einstein]] and others fled from [[Nazi Germany]] to the United States, greatly aiding the U.S. war effort during [[World War II]]. During the [[Cold War]], [[East Germany]] and other [[Soviet]]-bloc countries sought to seal their borders so as to prevent a [[brain drain]] of productive intellectuals fleeing to the West, where they would have more personal and economic freedom. Some countries have implemented [[tax harmonization]] as a means of preventing [[tax competition]] that would otherwise lead to governments competing to offer the lowest-tax business environment.
-<blockquote>
+*Who is your competition? The question seems so simple, but a company that defines its competitive set too narrowly can miss disruptive attackers and high-potential growth opportunities.<ref>[http://blogs.hbr.org/anthony/2008/11/who_is_your_competition.html]</ref>
-Who is your competition? The question seems so simple, but a company that defines its competitive set too narrowly can miss disruptive attackers and high-potential growth opportunities.<ref>[http://blogs.hbr.org/anthony/2008/11/who_is_your_competition.html]</ref>
+*American competitiveness depends on better-educated workers and a stronger [[incentive]] to succeed.<ref> [http://www.washingtontimes.com/news/2011/feb/9/not-a-faux-democracy/ Not a faux democracy: The Tea Party still believes in the exceptional America of old] - Suzanne Fields</ref>
 ==See also==

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 As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide.  Economists generally consider the level of competition in an industry to be intrinsically related to that industry's [[market structure]].
-<blockquote>
+Competition provides incentives for firms to improve the quality of their products and/or find ways to cut costs and reduce prices. Firms compete both for [[investment capital]] and for [[customer]]s. Those firms that fail to attract enough customers to remain profitable eventually go [[bankrupt]], and their assets are acquired by others. For instance, in a Chapter 11 bankruptcy, the original stockholders, who failed to govern their firm in a profitable manner, are divested of their ownership in the firm, and the creditors take over ownership. In this way, competition tends to put society's productive resources in the hands of competent managers.
 [[Category:Business]]
 [[Category:Economics]]

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 As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide.  Economists generally consider the level of competition in an industry to be intrinsically related to that industry's [[market structure]].
+<blockquote>
+Who is your competition? The question seems so simple, but a company that defines its competitive set too narrowly can miss disruptive attackers and high-potential growth opportunities. [http://blogs.hbr.org/anthony/2008/11/who_is_your_competition.html]

← Older revision		Revision as of 11:16, February 15, 2010
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	As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide. Economists generally consider the level of competition in an industry to be intrinsically related to that industry's [[market structure]].		As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide. Economists generally consider the level of competition in an industry to be intrinsically related to that industry's [[market structure]].

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	[[Category:Economics]]		[[Category:Economics]]

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 '''Competition''' is the effort of multiple independent parties working against one another to achieve a goal.
-As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide.  Economists generally classify different levels of economic competition by the following models: [[perfect competition]], [[perfectly contestable market]], [[monopolistic competition]], [[oligopoly]], [[cartel]] and [[monopoly]].
+As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide.  Economists generally consider the level of competition in an industry to be intrinsically related to that industry's [[market structure]].
 [[Category:Economics]]

← Older revision		Revision as of 20:34, January 29, 2008
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−	Competition is the efforts of multiple independent parties to achieve a ~~common~~ goal.	+	'''Competition''' is the efforts of multiple independent parties working against one another to achieve a goal.
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		+	As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide. Economiss generally classify different levels of economic competition by the following models: [[perfect competition]], [[perfectly contestable market]], [[monopolistic competition]], [[oligopoly]], [[cartel]] and [[monopoly]].

−	As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide. [[Economist]]s generally classify different levels of economic competition by the following models: [[Perfect Competition]], [[Perfectly Contestable Market]], [[Monopolistic Competition]], [[Oligopoly]], [[Cartel]] and [[Monopoly]].
	[[Category:Economics]]		[[Category:Economics]]

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 Competition is the efforts of multiple independent parties to achieve a common goal.
-As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide.  [[Economists]] generally classify different levels of economic competition by the following models: [[Perfect Competition]], [[Perfectly Contestable Market]], [[Monopolistic Competition]], [[Oligopoly]], [[Cartel]] and [[Monopoly]].
+As an [[economic]] term, competition refers to the rivalry between firms to sell the [[goods]] or services they provide.  [[Economist]]s generally classify different levels of economic competition by the following models: [[Perfect Competition]], [[Perfectly Contestable Market]], [[Monopolistic Competition]], [[Oligopoly]], [[Cartel]] and [[Monopoly]].
 [[Category:Economics]]