Q) what do you understand by a healthy competition. Can competition be a reason of worry for an organisation. Comment.(250 words)
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healthy competition means not having a monopolistic market. HC might generally refer to free market where bargaining power of buyer and supplier is same. This is also called as Perfect Market/Competition.
Yes, competition can sometimes bring nightmares to organization because everyone is competing to earn good market share and profit so as to survive for long term. In a healthy competition there is always a worry about competition as there are large number of sellers and they compete with each other.
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