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Competition happens when two or more businesses complement one another. fight for the same benefit or gain. work together to achieve success. follow regulations from an agency.

Dana Keller

in Social studies

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1 answer

Megan Page on April 20, 2018

The correct option is; fighting for the same benefit or gain. Competition occurs when two or more companies fighting for the same benefit or gain.The competition is a condition in which two or more companies strive to gain or win the same in order to establish superiority over them. In business, companies compete by trying to get people to buy your products or services in preference to those of other companies goods. The competition can affect businesses both negatively and positively. Positive effects include increases the market for everyone, and encourages the determination of the units of innovation and creates team spirit.

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