Russian Federation
Competition is an important factor in the development of a market economy. Competition also affects the increase or decrease in demand and supply in the market of goods and services. This article will discuss such concepts as competition, competitiveness and how these concepts affect the economic development of the market. It will also examine what factors influence competition, the types of competition and its functions in the market. For each company it is important to be in demand in the market, in order to maximize profits. Demand in the market directly depends on the competitiveness of the enterprise, the ability of the head to analyze the situation and the ability to make the right, timely decisions. This article will explore ways that can help an enterprise improve its competitiveness in the market and attract as many consumers as possible.
competitiveness, factors of economic growth, profit, demand and supply, increase of competitiveness
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