Competition is important for productive efficiency, it is very well in practice, but it is not so clear how it works in theory. The most important view regarding competition is that competitive pressure makes organization internally more efficient by sharpening incentives to avoid sloth and slack. …
Another one is that competition causes organization to be efficient and to prosper due to the contributing role of the factors related to efficiency. This selection process is good for aggregate efficiency. Lastly, competition innovate the major source of gains in productive efficiency (Vickers 1). For further meaning of competition, different perspectives can be given attention such as that of the work of social scientists, humanists, and philosophers. Such works do not merely report any meaning in ordinary discourse. Most of them theorize, explain, explore and penetrate below the surface to uncover the features of competition. Among species and every community competition occurs where resources are in limited supply. Competition is defined as the active demand by two or more organisms for a common source as discussed by Wilson. The using up of other resources to the detriment of other organisms, whether it is not aggressive in behavioral interaction is also another perspective on competition. Two modes of competition are distinguished by Wilson namely scramble and contests. Scramble competition can be defined as exploitative. The winner will be the one who uses the resources first without specific behavioral responses to other competitors. According to Wilson, competition theory is a relatively advanced field in ecological research. A competitive technique is the aggression among members of the same species with a set of behaviors. In addition, competition is a term pertaining to human affairs; and it is a warning of dangers involved in extending our use of the term (Newman 5). Economic competitions also play the role, as a neutral buyer or consumer. According to Tibor Schitovsky a person or an organization has competition if the party wants to trade with has alternative opportunities to exchange. Competitors are people or organizations that offer alternatives and similar opportunities to the opposing party or parties. When there is competition there is an aim to pursue one’s own interest. Having competitive behavior can be as altruistic as any other kind, but a rational competitor never act on the assumption of what others are doing. Most competitors think of their own goals and are primarily motivated to develop, demonstrate and enjoy competence on their own visions. Competitions are used to overcome feelings of being separated, abandoned and unloved. It permits demonstration of each individual’s significance which gratifies each desire, assertiveness and approval and also they perform in public, assert themselves in the presence of others at the very least of their competitor (Newman 11). Competitors always aim to win for them winning is the object of the game. They want to impress their competitors, to be admired for their success. Most competition is complex in its way especially in pursuing its goal e.g. money, job, a woman’s hand in marriage. In addition, competitive impulse seeks a good fight. Competing is the act against another human being. Competition itself often takes elusive forms example is a world class athlete producing exact performance measures to compete with the other competitors (p.11). Competition and competence are both derived from the same root. It is a desire to develop, to strive and to achieve even with the risk of defeat of failure in one direction and to strive toward a goal. A social scientist postulates that in competition the rules that can hinder a party to achieve and the rewards that can be attained can be considered equal. It usually takes the form of legitimized conflict regulated by rules. But not all competition is a pure contest in which the other competitors are prohibited to achieve their aims. Those who are legitimized ...
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If this is the case, would you still give your stamp of approval on competition
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