Question

compitition in any field lead to​

Answer 1

Comp etition can lead compan ies to inv ent lower-cost manu acturing proc esses, which can incre ase their pro fits and help them compete—and then, pa ss those savin gs on to the consu mer. Compe tition also can help busines ses identify con sumers' ne eds—and then develop new pro ducts or ser vices to me et them.