Business Studies, asked by singhbalveer77597, 1 month ago

why os the competition so tough in this industry?

Answers

Answered by Anonymous

7

Answer:

Competition among companies can spur the invention of new or better products, or more efficient processes. Firms may race to be the first to market a new or different technology. Innovation also benefits consumers with new and better products, helps drive economic growth and increases standards of living.

hope it will help you dear ⚡❣️

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