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Discussion topic: GMAT AWA / AWM : Analysis of Issue Topic 3 - Competitor beneficial to company...

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Home: bijuchackoOriginal MessageReply  
Subject: Competition is invariably advantageous to a business because it compels changes
   The universal truth that competition leads to success is also applicable in
   business. I strongly support the view that competition can bring changes in
   the established way of doing business.
   
   Quality is the most import aspect of any product. Due the absence of a
   common quality system in the industry, it is unable for the end user to
   understand the whether he is getting what he paid for. Absence of commonly
   accepted quality system gives freedom for the industrialist to follow his
   own production standards in varying countries. For example the quality
   system followed by world famous electrical company ABB will be different
   from that of a local company in India. Hence the comparison of the products
   of these two companies will be apparently difficult assess.
   
   On the other hand in order to compete in the global market, the industries
   have to produce quality products. It is essential that the industries have
   to adopt the global stadrads to sell their product in the world market.
   Hence this competition leads to the improvement of the quality of the
   products and the deployment of an International organization to monitor or
   to set standards for quality control. For example the quality system ISO
   9000 adopted all over the world is a well-known example for this.
   
   Competition compels the industries to improve their customer support
   facilities. Customers tend to buy products with better after sale service.
   Different companies opened their own service centers all over the world to
   cater the need of the customer. Example, Sony Corporation has its own
   authorized serve centers for their products everywhere.
   
   Healthy competition can avoid monopoly by any business group. Any company
   from any country can produce the same products with same quality standards
   set by the international organization. This in turn favors the customer to
   get better product at reasonable price and the business becomes more
   transparent. 
   
   In its entirety competition can bring changes and which can improve business
   globally. Of course any industry, which fails to meet the global challenge
   will wither away without any doubt. However the end result of competition is
   an improvement to business and a better world to live in.

Posted at: Wed Jun 30 08:31:07 2004 (GMT)

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From: archana99Reply 1 of 2Reply
Subject: Re: Competition is invariably advantageous to a business because it compels chan
	  competition is the opportunity for every organization to become
   turely success. A close examination revels that employees feel more satisfy
   when they accept various challenges rather than engaged in only one, this is
   partly because engaged in various field helps them to evaluate their
   products with others and also pron and cons can be identified.
	   the main reason is that, the member of any organization will give
   more interest towards the satisfaction of consumer rather than their own
   benefit. for example, now a days the competition of noodles ans snacks is
   increasing as these are the very common food among youngsters. so the
   company should give more attention towards their taste rather than the
   price. 
	    and of course consumer have right to choose there product as what
   will be good for them. similarly they will choose the quality products. in
   this manner the organization can produce new and quality products which is a
   way of advantage for them.
	   however, many people think that monopoly market will be better
   rather than the competition market because in monopoly market consumer have
   no choice as they are compel to purchase only one product, but in my view
   this is not a good way of selling goods in the market because different
   people have different taste and choice. 
	  in conclusion competition is the way through which we can identify
   our weakness, and i think that the main point is to make sure that in
   competition we should not repeat our mistake rather we should learn new
   ideas to improve our porduct

Posted at: Sat Jun 13 05:48:20 2009 (GMT)

From: amberlyn7801Reply 2 of 2Reply
Subject: Re: Competition is invariably advantageous to a business because it compels chan
   > The universal truth that competition leads to success is also applicable
   > in business. I strongly support the view that competition can bring
   > changes in the established way of doing business.
   > 
   > Quality is the most import aspect of any product. Due the absence of a
   > common quality system in the industry, it is unable for the end user to
   > understand the whether he is getting what he paid for. Absence of
   > commonly accepted quality system gives freedom for the industrialist to
   > follow his own production standards in varying countries. For example the
   > quality system followed by world famous electrical company ABB will be
   > different from that of a local company in India. Hence the comparison of
   > the products of these two companies will be apparently difficult assess.
   > 
   > On the other hand in order to compete in the global market, the
   > industries have to produce quality products. It is essential that the
   > industries have to adopt the global stadrads to sell their product in the
   > world market. Hence this competition leads to the improvement of the
   > quality of the products and the deployment of an International
   > organization to monitor or to set standards for quality control. For
   > example the quality system ISO 9000 adopted all over the world is a
   > well-known example for this.
   > 
   > Competition compels the industries to improve their customer support
   > facilities. Customers tend to buy products with better after sale
   > service. Different companies opened their own service centers all over
   > the world to cater the need of the customer. Example, Sony Corporation
   > has its own authorized serve centers for their products everywhere.
   > 
   > Healthy competition can avoid monopoly by any business group. Any company
   > from any country can produce the same products with same quality
   > standards set by the international organization. This in turn favors the
   > customer to get better product at reasonable price and the business
   > becomes more transparent. 
   > 
   > In its entirety competition can bring changes and which can improve
   > business globally. Of course any industry, which fails to meet the global
   > challenge will wither away without any doubt. However the end result of
   > competition is an improvement to business and a better world to live in.
   
   
   
   Is the univerisal truth that competiton brings success true in all aspects
   or just i bissness. I have been tring to research on this universal truth
   because I joined a 12 step group that is competitive and the women to knock
   each other out and make them feel as though they can not do well. this
   grtoup is suppoisedly based on univerisal truth however I wondwer if this is
   whats best when I am already struggeling with beliving in myself. I have
   been caused alot of pain by this competitiveness. I wonder if I should suck
   it up and go compete. 
   >

Posted at: Mon Nov 22 05:24:56 2010 (GMT)

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