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Competition Advantages for Producers and Consumers Essay

Competition is the concept of business people or institutions working towards gaining the greatest market share for their products, both goods and services. Competition is very instrumental in the growth of any industry. This is because as the market environment becomes crowded, companies and other business establishments have to come up with new products or services that would help them cut a niche.

This essay seeks to look at the advantages of competition among producers of goods and services to the consumers of given products. To this end, two of the greater benefits of competition will be analyzed before a counter-argument to the advantages is provided.

Three articles on the topic of competition will be used to define the boundaries discussion and they all have been chosen because of their relevance to the argument that competition brings about great benefits to the customers.

The first article Fear of losing: Using competitive instincts to your advantage generally suggests that manufacturers and product makers tend to win customers by proving that the customers cannot do without their given product. Moreover, the author says that competition is a big part of the life and it manifests in both social and economic aspects.

The second article titled Sports: When winning is the only thing, can violence be far away? by Robert Stewart mainly illustrates the fact that competition particularly among product makers and manufacturers tends to come with negative effects especially if proper regulatory measures are not taken.

The third article titled Dr. Spock says today’s parents should teach less competition by Clayton Finchley tries to illustrate that constantly encouraging the spirit of competition to children ends up bringing about the negative sides of individuals once they grow up.

The greatest beneficiary of competition, however, is the customer who ends up having the advantage of choice aside from getting the same product at a much reduced cost. These two primary benefits arise from the fact that as more and more manufacturers and providers of a similar product enter the field, they tend to try and add new changes to the items they produce with the aim of winning more clients.

Get your 100% original paper on any topic done in as little as 3 hours Learn More As illustrated by Stewart in his article, sometimes winning is the only thing on the minds of individuals and this tends to manifest in the form of intense competition. These ‘upgrades’ come at the same price as the original product and therefore allow the customer the advantage of choosing what to go for from the variety that is placed before them.

As far as the prices and costs of products and services are concerned, competition among product and service providers translates into a reduction in the source price of commodities. This is because as more and more of the same good/service infiltrate the market, the producers have no option but to revise downwards the prices at which these items are given to the consumer.

This competitive strategy for winning more clients has been supported in the article titled Fear of Losing, and even with its negative effects, has been found to be one of the more effective ways of dealing with competition. This has been the status in the mobile telephony providers in most countries where one company enters the market as a dominant party and when other entrants come, they are forced to come with ridiculously low offers on service prices.

Under normal circumstances, a price war ensues with all providers reducing the costs of calling and messaging, leaving the customer to benefit.

In countering these benefits, it can be argued that as much as competition results in more choices for the customer, the quality of the commodities tends to go down. This is because in a bid to make products that will cost less in the market, the manufacturers and producers will have to be flexible enough to cut down on the costs of production by using materials of lower grade/quality.

This challenge in turn translates to a low-quality final product. When it comes to price reduction as a gain made out of competition among manufacturers and producers of goods and services, the argument can be countered by citing examples where competing companies collude to maintain the prices at a given high.

This therefore means that competition does not immediately translate into financial benefits for the customer. As a matter of fact, it can result in a raise in the prices of commodities as competing entities form associations to help them benefit at the expense of the customer who is left with no other choice but to go for the products being offered.

We will write a custom Essay on Competition Advantages for Producers and Consumers specifically for you! Get your first paper with 15% OFF Learn More This factor of competition not being beneficial to any of the involved parties has been well illustrated by Clayton Finchley’s article.

In conclusion, it can be said that competition amongst product manufacturers and service providers to a great extent ends up benefiting the customer. An analysis of two of the major benefits of competition to the consumer has been provided alongside counter-arguments for the two listed benefits. The focus of this essay has been guided by three articles on the benefits of competition.

Ocean Policy Change Analytical Essay

Nursing Assignment Help The issue of value of life whether on dry land or in water is unquestionable. Life is precious and should be cared for at whatever cost because no one can give life, therefore, no one should take it. The debate on ocean dumping still rages.

Critics and adherents alike have valid points concerning ocean dumping; nevertheless, this issue calls for serious investigations to separate facts from propaganda. Regrettably, oceans bear an almost unavoidable exposure to waste materials due to its expansive and open nature. This forms the basis of argument for those who support the issue. However, the long-term repercussions of such a shortsighted argument are far-reaching.

For instance, oceans support the lives of a vast number of species, majority of which provide food for other species and human beings alike. Moreover, virtually all industries rely on ocean waters for their continued running coupled with provision of the cheapest and safest mode of transport, with people exporting and/or importing tons of goods via the water transport.

If ocean dumping continues then, there would be massive obstruction of numerous activities that take place in the oceans. Therefore, based on these negative effects, ocean dumping is wrong and stern measures against the practice need to be established.

Changes are ever happening, either for the better or for the worse. Policies addressing the issue of ocean dumping and the need to curb it have been in place. In fact, the establishment of strategies as ‘ocean protection,’ came into place in 1970s.

Brewer and Peter (1983) posit that, “The first concerted effort to control ocean dumping began in the early 1970s, when many environmental protection laws were passed” (p. 45). However, the period thereafter was marked by a change of these laws. This change, to a greater extend, loosened the prevailing policies thus allowing ocean dumping.

Several factors fueled the change; for instance, change in the information concerning the effect of ocean dumping to the ocean environment. Statisticians claimed that the effect was insignificant and for some countries like America, ocean dumping became a routine. Nevertheless, one would wonder what fueled the nullification of some policies.

Get your 100% original paper on any topic done in as little as 3 hours Learn More Policy change marks the beginning of its termination. Most of the changes render the policies useless, hence terminating their applications. These terminations vary in terms of policy redirections, program adjustments, and fiscal retrenchments among other factors.

These terminations play a vital role in the study of policies for they remove obsolete policies, giving a room for the establishment of new others. However, the establishment of new policies to replace the existing ones does not always pave way fro better conditions. People have devised reasons as to why termination of a policy can pass as the only solution to a given problem.

For instance, Stewart, Hedge, and Lester (2008) assert, “Political considerations, rather than evaluative elegance, are at the root of most termination decisions” (p. 158). In most cases, politics do not seek solve a problem amicably; politicians pursue personal ends and this cripples any attempt to offer a lasting solution. Economic crises also play a major part when making termination decisions.

In conclusion, policy-making stands out as an unavoidable practice. Though applied virtually everywhere, a lot of attention ought to be availed when changing or terminating policies. Policy review and amendments has given way to some policies that favor the dumping of wastes into the ocean. Following the already realized effects on the aquatic life as well as some other predicted long-term water transport problems caused by this malpractice, it suffices to infer that ocean dumping is wrong.

Reference List Brewer, G.,

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