Business Competition Essay

AbstractIn this paper, I am discussing the relevance of the halcyon humanitarian cocept to the breathed milieu of backup compeition. The paper pull up stakes elaborate cases of contender and how they exist in the global world. The paper a standardized reveals shortly on their roles and benefits in the global world. In the final chapter, the paper discovers that the latest developmet of vocation behaves gave feature to further tendencies toward the peaceful humaitarian concept. The increasing practice of CSR concepts is an indication that the peaceful competition atmosphere is gaining attention deep down the line of reasoning world.Business CompetitionProposition The nature of competition in modern backing surround can co-exist with the peaceful humanitarian idealsIntroductionBusiness and competition has always been inseparable activities in life. Furthermore, as activities of business became the most important activities of our pop offs, we identify our world with compe tition and competitive acts. In the midst of this hard and competitive world, we often forgot that we do not exist simply to do business instead, we do business in order to maintain our existence. In the light of this logic, we should be able to comprehend the role of business as one of the facilitators of life and not becoming life itself. Life on the divergent hand, is depending on how we choose to live.Mother Theresa, one of the most loved humanitarian in the world, often stated that in the midst of all the hub-hubs, people tend to loose their inner peace, in the sentience that they forget what they live for or what makes their life valuable. In one of the speech, she stated that this is caused by the tendencies of our environment. Mother Theresa stated that we lost of sense of peace in life because we forget how to cargon for distributively other and co-exist in peace.In this paper, I am trying to address the relevance of these humanitarian ideals to the modern business envi ronment. Can there be peace among the competitive nature of the business environment and the peaceful ideals of the humanitarian concept? The paper will display some arguments regarding this topic (Competition vs Cooperation, 2007).Overview In the short, business understanding, competition is the act of striving against other for dominance or attainment of goals. Today, the term is familiar to us in various fields like politics, sports, business, etc. In this paper however, we are aiming to focus on business competitions rather than other types of competitions.Levels of Competitions In business competition has slightly different definition than in other respects. It is the independent effort of two or more parties to secure business by offering the most favorable footing and business conditions to the third party. Competition in the world of business can be found right in heart of every business endeavors themselves. Experts identified three types of competition in its relevance t o business. The first type is called direct competition. Direct competition is the field where products that has the same functions compete against each other. Business conditions could lead owners and managers to head off such competition by differentiating product features, or to seek for it by offering the products with identical virtues as others (Kohn, 1986). The second type of competition in business is called substitute competition. These connotes products and services that substitute for each other compete. Business competition can also lead managers to create substitution products to take outside a part of the market share from their competitors. The third type of competition in business endeavors is called the work out competition. This is the general form of competition in business. It involves competing for consumers disposable income. This means that in the business world, every products with any feature are generally in competition with one another.Different Forms of Competitions Besides existing in different levels, competition in the business world also exist in different forms. For instance, competition exists whether internally or externally within most companies. Beside the external competition we are wonted(a) with, there is the internal competition that occurs within companies. Often, managers of the company themselves created the competitive atmosphere inside the corporate structure. Sometimes, this is make by deliberately creating overlapping areas which causes divisions to compete against each other. Furthermore, the leader of the company can also give lessons competition between different product managers or brand mangers. They can compete in terms of sales or growth of sales of the products or brands under their responsibility (Ryckman, 1994).Business Competition and Its globose PracticesIn the increasingly global atmosphere of competition, companies are now fighting not only against its neighbour companies, but also compani es that headquartered thousands of miles away. The prevalence of communication and information technology has allowed this condition. Companies are creating businesses regardless of national and heathenish boundaries. Some countries however, reacted by limiting the competition that might occur within their territories by restricting craftsmanship activities to certain levels. Because competition is subject to legal restrictions in most independent countries, it can be licitly prohibited using monetary or fiscal tools and also trade barriers (Kohn, 1986)..However, instead of limiting competition between them, countries can compete against each other using competition policies and competition law. The competitions between countries are often varying subtle and hard to detect, however, their presence in the global economy are homely for business observers. For instance, the United States, Japan, and The European Union are always in fierce but conceal competition to achieve economic supremacy in the global markets (Kohn, 1986).Analysis Despite the tension and difficulties created by competition, most stomach understood that competition is a natural part of life. By this, I mean that along with its good and bad effects, the human race will always need competition to survive. This is turn up by researches in the biology field, where competition created adaptation and the tendency to constantly improve oneself. In the business world, competition is seen as the pillar of capitalism itself. Competition in the business world stimulates creativity and innovation, supports eficency, move prices and enhances product qualities. Competition is also the reason why companies develop new technologies, new products and new services, which provided us better and broader product selection. However, competition is also recognized for its negative effects. It leads to duplicated effort and in some conditions, increase costs. Competition often leads to stressful way of life an d destructive behaviors. Psychologically, over-competition will create a passing stressful environment which is horrible for a human soul. Materially, competition could lead to unjust acts of economic endeavors. Frauds and similar activities ruin the image of business as they are finally revealed to the society. Nevertheless, I personally believe that fifty-fifty the harsh competitive world of business has its compatibility with ideals of humectation concepts. For instance, recent development indicated the prevalence of the Corporate Social certificate of indebtedness (CSR) demands and initiatives. People are starting to realize that companies are also parts of the society which contains the obligations to co-exist in union within its environment. Companies are now demanded that they take full responsibility for their actions in consideration of the economic, social and environmental issues. Ethical concerns and competition laws are gaining peoples attention in evaluating corpor ate performance. Companies are really loosing customers for their bad social values (Leef, 1996). Observing the latest development in the world of business, we can come together that the humanitarian principles have taken their place in business activities. People in general have started to develop the sense that business endeavors should not be above the values of life. In a sense, the practice of business must now take account of social values and environmental concerns. Although we havent seen such a development that would allow Mother Theresas philosophy of peace to be the head light for global business practices, but the direction of todays development indicated that the scenario of a peaceful competition atmosphere as suggested by Mother Theresa is gaining supporters.ReferencesKohn, Alfie. 1986. No Contest The Case Against Competition. capital of Massachusetts New York London Houghton Mifflin Co.Ryckman, R. M., Thornton, B., Butler, J. C. 1994. Personality correlates of th e hypercompetitive attitude scale Validity tests of Horneys theory of neurosis. ledger of Personality Assessment, 62, 84-94Competition vs Cooperation. 2007. Retrieved February 26, 2007 from http//www.huppi.com/kangaroo/L-spectrumfive.htmLeef, George C. 1996. The Virtues of Competition. Retrieved February 26, 2007 from http//www.libertyhaven.com/theoreticalorphilosophicalissues/ethics/virtucomp.html