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Published byReynard Summers Modified over 5 years ago
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Two examples of competition in the business world.
By Matt Kittrell and Brittany Spence
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Hardware Store New Hardware Store
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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
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The Example The example here is that the business must lower prices to keep up with the competition and satisfy the customers needs.
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Typewriter City Tablet PC Town OUT OF BUSINESS
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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.
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