Two examples of competition in the business world.
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Two examples of competition in the business world. By Matt Kittrell and Brittany Spence
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Two examples of competition in the business world. By Matt Kittrell and Brittany Spence. New Hardware Store. Hardware Store. $6.00. $5.75. $5.00. $6.00. $5.50. $5.25. $4.50. Hardware Store. New Hardware Store. I will lower my prices more. I will lower my prices. OUT OF BUSINESS. - PowerPoint PPT Presentation
Transcript of Two examples of competition in the business world.
![Page 1: Two examples of competition in the business world.](https://reader036.fdocuments.in/reader036/viewer/2022072014/56812e08550346895d9372c5/html5/thumbnails/1.jpg)
Two examples of competition in the business world.
By Matt Kittrell and Brittany Spence
![Page 2: Two examples of competition in the business world.](https://reader036.fdocuments.in/reader036/viewer/2022072014/56812e08550346895d9372c5/html5/thumbnails/2.jpg)
Hardware Store New Hardware Store
![Page 3: Two examples of competition in the business world.](https://reader036.fdocuments.in/reader036/viewer/2022072014/56812e08550346895d9372c5/html5/thumbnails/3.jpg)
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
![Page 4: Two examples of competition in the business world.](https://reader036.fdocuments.in/reader036/viewer/2022072014/56812e08550346895d9372c5/html5/thumbnails/4.jpg)
The Example
• The example here is that the business must lower prices to keep up with the competition and satisfy the customers needs.
![Page 5: Two examples of competition in the business world.](https://reader036.fdocuments.in/reader036/viewer/2022072014/56812e08550346895d9372c5/html5/thumbnails/5.jpg)
Typewriter City
OUT OF BUSINESS
Tablet PC
Town
![Page 6: Two examples of competition in the business world.](https://reader036.fdocuments.in/reader036/viewer/2022072014/56812e08550346895d9372c5/html5/thumbnails/6.jpg)
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.