3. In business, do companies need to be competitive?
(Give a direct answer to the question) Undoubtedly, yes. (Explain your reason or reasons) You need to be aware of what your competitors do and then improve your product. The more your product is chosen over your competitors, the more grateful you become and pressurized to maintain the quality of your products.
(Give a direct answer to the question) (Explain your reason or reasons) Firstly, they create employment opportunities. There are other benefits, as well. Business owners may donate to the needy, participate in charity events, contribute to local non-profit organizations, and motivate youngsters by giving lectures.
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