Konkurrenssi
Konkurrenssi, often translated as competition, is a fundamental concept in economics and business. It describes a situation where multiple firms or individuals strive to achieve the same objective, such as gaining market share, attracting customers, or securing resources. In a market economy, competition is generally viewed as a driver of efficiency, innovation, and lower prices for consumers.
There are various forms of competition. Perfect competition is a theoretical market structure characterized by a
The intensity of competition can be influenced by factors like the number of competitors, the ease of