Question

Write four differences between
corporation and competition?
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Answer 1

Answer:

Co-operation:

1. Co-operation is a process of working together for common rewards.

2. The qualities like natural awareness, understanding, helpfulness and selfless attitude are necessary for co­operation.

3. Co-operation is limitless. Because one can go to any extent to help other.

4. Co-operation is always beneficial as it brings normally positive results.

5. Co-operation provides satisfaction and contentment to people.

6. The degree of solution for many international problems and disputes provided by co­operation is higher.

Competition:

1. Competition is a process in which individuals or groups struggle for some goal or end.

2. For competition self-confidence, strong aspirations, the spirit of adventure and readiness to suffer and to struggle are needed

3. Competition has limitations as it bound by norms.

4 Constructive competitions are always beneficial but uncontrolled competition is always harmful or dangerous.

5. Competition may cause satisfaction as well as dissatisfaction.

6. Competition may contribute to socio-economic progress as well as to general welfare but there is no chance for solution of inter­national problems and disputes