“COMPETITION AND

REASON FOR BEING

COMPETITIVE”
BY: MHELDWIN CASTRO
• Competition exists in every market as well as in our
daily lives. Smarter companies nullify the effect of
competitors in order to stay ahead in the business.
Being competitive has both benefits and
disadvantages. In the negative side of this being
competitive can be viewed as being self-
centered,self-absorbed, aggressive, and inflexible.
Because they want to have win at all costs often
create more stress for themselves. We can use
being competitive to our advantage in a way of
that will assist us to make faster in progress towards
the outcomes we want. Competition isn’t always
about trying to win. It’s also about getting better at
what we do and who we become.
YOU WANT TO MAINTAIN YOUR POSITION IN THE MARKET AND
STAY AHEAD WITH YOUR COMPETITORS.
No matter how many competitors in your community,always
think that you need to survive and stay alive.Don’t let your
business will goes down.

TO EARN PROFIT TO COVER UP YOUR NEEDS AND WANTS.

We all know that is the main reason when putting up a
business is to earn profit. But also need to identify and solve
what consumers make them to satisfy.

IT WILL KEEP YOU MOTIVATED TO CREATE MORE NEW IDEAS.

By wanting to do things better or achieve at a higher level,you
need to become better problem-solvers and be more solution
driven,which are traits of being more creative. This can be also
lead to new innovations.

YOU NEED TO BE COMPETITIVE TO AVOID LOSING OF YOUR

BUSINESS.
Evaluate what is the strengths and weakness your business to
others so that you would handle it even in hard times come.