Businesses producing similar products are said to be “fighting for the consumer’s dollar”, and this healthy competition, referred to as effective competition, allows consumers the convenience to choose from a variety of similar products at the lowest possible cost. However, as competition becomes cutthroat, responsible competition sometimes becomes discarded and they may soon acquire the “every man for themselves” approach. Furthermore, the notion is that a businessman must be aggressive and opportunistic, which may …showed first 75 words of 747 total…

…showed last 75 words of 747 total…man alive. He was a simple man with innovative ideas that became concrete, not because he stepped on people’s toes, but because he was competitive and he loved to be challenged. In the process of becoming rich, new ideas may not hold favourably to some individuals such as the television manufacturers, but it is this healthy, responsible competition that keeps the incentive and motivation to get to the top and to stay on top.