Monday, October 11, 2010

Blog Entry 7- What is Competition?

Upon the completion of my blog to this point, I realized I have yet to explore what competition is exactly.  The Online Merriam-Webster Dictionary (2010) defines competition as “the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms.”  The definition of competition is shared across all theaters of life.  When there is something that simply cannot be shared, there is competition.  However, while humans often compete for entertainment and social reasons, animals compete every day for an entirely different reason: survival.  A more primal definition by Webster (2010) defines competition as an “active demand by two or more organisms or kinds of organisms for some environmental resource in short supply.”  Whether it's two companies competing for lower prices or two monkeys fighting for a banana, competition is a part of all life as we know it.

[Image]http://lowposts.com/wp-content/uploads/2009/04/monkey.jpg

Citations:


competition. 2010. In 
Merriam-Webster Online Dictionary.     

     Retrieved October 11, 2010 from http://www.merriam-     
     webster.com/dictionary/competition.

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