Sociology, asked by Reoiramita, 9 months ago

Explain the benefits of competition.

Answers

Answered by Anonymous
2

Answer:

One important benefit of competition is a boost to innovation. Competition among companies can spur the invention of new or better products, or more efficient processes. ... Competition also can help businesses identify consumers' needs—and then develop new products or services to meet them.

Brainiest me

Answered by Anonymous
1

Answer:

Explanation:

1. They are useful because they tell us which is the best.

2. Competitions also encourage students to adopt innovative techniques and develop their ideas and skills.

3. Competitions play a role in motivating students to perform and excel and offer a lot more rewards than just the winning prize.

4.  Competitions offer a chance for participants to gain substantial experience, showcase skills, analyze and evaluate outcomes, and uncover personal aptitude.

5. Competitions also encourage students to adopt innovative techniques and develop their ideas and skills.

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