Two examples of competition in the business world.

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Presentation transcript:

Two examples of competition in the business world. By Matt Kittrell and Brittany Spence

Hardware Store New Hardware Store

I will lower my prices more $6.00 $5.75 $5.00 $5.25 $4.50 $5.50 $6.00 Hardware Store New Hardware Store I will lower my prices more I will lower my prices OUT OF BUSINESS

The Example The example here is that the business must lower prices to keep up with the competition and satisfy the customers needs.

Typewriter City Tablet PC Town OUT OF BUSINESS

The other example This example is that the business needs to keep coming out with newer and better goods and/or services with the advance in technology.