• Entry
  • Reader's guide
  • Entries A-Z
  • Subject index

Competition

In economics and business administration, competition exists when an individual or an organization defines and implements courses of action that constrain another individual's or another organization's prospects for achieving its goals. Competition is considered to result from the ...

    • Loading...
    locked icon

    Sign in to access this content

    Get a 30 day FREE TRIAL

    • Watch videos from a variety of sources bringing classroom topics to life
    • Read modern, diverse business cases
    • Explore hundreds of books and reference titles