Two examples of competition in the business world.

By Matt Kittrell and Brittany Spence

Hardware Store New Hardware Store

Hardware Store New Hardware Store

I will lower my prices

more

I will lower my prices

$6.00 $6.00$5.50$5.25$5.75$5.00 $4.50

OUT OF BUSINESS

The Example

• The example here is that the business must lower prices to keep up with the competition and satisfy the customers needs.

Typewriter City

OUT OF BUSINESS

Tablet PC

Town

The other example

• This example is that the business needs to keep coming out with newer and better goods and/or services with the advance in technology.