Financial Definition of Competence
Meaning of Competence
Sufficient ability or fitness for ones needs. Possessing the necessary abilities to be qualified to achieve a certain goal or complete a project.
Synonyms of Competition
noun
- attempt to equal
- bout
- challenge
- combat
- conflict
- contentio
- contest
- corrivalry
- encounter
- engagement
- open contest
- opposition
- outrivalry
- pitting of strength
- pitting of wits
- race
- rivalry
- scramble
- strife
- striving for superiority
- struggle for superiority
- trial of superiority
- vying for ascendance Associated Concepts: competitive bidding
- competitive class
- competitive examination
- fair competition
- free and open competition
- unfair competition
- unreasonable interference with competition
Related Entries of Competence in the Encyclopedia of Law Project
Browse or run a search for Competence in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Competence in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Competence in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Competence in the Legal Abbreviations and Acronyms Dictionary.
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| Competence in the Dictionary | Competence in our legal dictionaries |
| Related topics | Browse topics from the World Wiki Encyclopedia of Law |
| Browse the Legal Thesaurus | Find synonyms and related words of Competence |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Competence in the World Encyclopedia of Law |
What is Competence?
Vocabularies (Semantic Web Information)
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| Topic Tree | A topic display format, showing the hierarchy |
| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/competence | The URI of Competence (more about URIs) |
Monopolistic Competition in the Economic Activity
An introductory concept of Monopolistic Competition may be: the form of imperfect competition in which the markets has sufficiently few firms that each one faces a downward-sloping demand curve, but enough that each can ignore the reactions of rivals to what it does
Concept of Competition in the context of Real Property
A short definition of Competition: The appraisal principle that states that excess profits generate competition.
Concept of Competition in the context of Real Property
A short definition of Competition: The appraisal principle that states that excess profits generate competition.
Resources
See Also
- Monopoly
- Policy
- Trade
- Restraints
Competition in Global Commerce Policy
In this regard, a definition of this issue is as follows: the way firms behave in the market place and how they respond to the actions of other suppliers and consumers. The entries on trade policy in the Encyclopedia are here. Underlying the idea of competition is the assumption that supply and demand are limited, at least in the short term, and that firms must strive obtain their share of the available resources. The entries on trade policy are here. In ideal conditions, competition between firms would be based on price and the ability to innovate and respond to changes in the market. There would be no impediments to the operation of the price or market systems. The entries on trade policy are here. In the real economy, human ingenuity, high entry barriers to some industries, efficiencies of scale obtainable from large-scale operations and other factors combine to impair perfect competition in various ways. This may lead to economic rents being accorded to some firms, but without any obligation on their part to let the consumer benefit from this situation. Governments recognize this, and in many countries they seek to protect, where necessary, competition through antitrust laws and competition policy. Most economies are becoming internationalized, and government approaches to trade policy, i.e. their assessment of the extent to which foreign firms and their products should be allowed to compete in the market, therefore can be of critical importance to the level of competition prevailing in the market.[1]
Competitionin the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Competition” entry (OAS)
See Also
Competition
Resources
Further Reading
-
Boone, Louis E., and Kurtz, David L. (1999). Contemporary
Business, 9th ed. Orlando, FL: Harcourt Brace.
Bounds, Gregory M., and Lamb, Charles W., Jr. (1998).
Business. Cincinnati, OH: South-Western College Publishing.
Burnett, John, and Moriarty, Sandra. (1998). Introduction to
Marketing Communication: An Integrated Approach. Upper
Saddle River, NJ: Prentice-Hall.
Clancy, Kevin J., and Shulman, Robert S. (1994). Marketing
Myths That Are Killing Business: The Cure for Death Wish
Marketing. NewYork: McGraw-Hill.
French, Wendell L. (1998). Human Resources Management.
NewYork or Boston: Houghton Mifflin.
Goldzimer, Linda Silverman, and Beckmann, Gregory, L
(1989). ˜ ˜I ™m First ™ ™: Your Customer ™s Message to You. New
York: Rawson Associates.
Madura, Jeff. (1998). Introduction to Business. Cincinnati,
OH: South-Western College Publishing. Moore, James F. (1996). The Death of Competition: Leadership
and Strategy in the Age of Business Ecosystems. New
York: HarperBusiness.
Nickels, William G., McHugh, James M., and McHugh,
Susan M. (1999). Understanding Business, 5th ed. Boston:
Irwin-McGraw-Hill.
Pfeffer, Jeffery. (1994). Competitive Advantage Through People.
Boston, MA: Harvard Business School Press.
Pride, William M., Hughes, Robert J., and Kapoor, Jack R.
(1999). Business, 6th ed. NewYork: Houghton Mifflin.
Zikmund, William G., Middlemist, Dennis R., and Middlemist,
Melanie R. (1995). Business: The American Challenge
for Global Competitiveness. Homewood, IL: Irwin.
MARCY SATTERWHITE - Competition in the Encyclopedia of Business and Finance, 3rd Edition, Macmillan Reference USA, 2014
Hierarchical Display of Competition
Business And Competition > Competition > Competition policy
Business And Competition > Business organisation > Business policy > Competitiveness
Finance > Prices > Prices policy > Price formation
Business And Competition > Competition > Restriction on competition > Comparative advertising
Trade > Trade policy > Public contract > Invitation to tender
Trade > Trade policy > Public contract > Tendering
Finance > Prices > Prices policy > Fixing of prices > Free price
Trade > Trade policy > Export policy > Export financing
Meaning of Competition
Overview and more information about Competition
For a more comprehensive understanding of Competition, see in the general part of the online platform.[rtbs name=”xxx-xxx”]
Resources
Translation of Competition
- Spanish: Competencia
- French: Concurrence
- German: Wettbewerb
- Italian: Concorrenza
- Portuguese: Concorrência
- Polish: Konkurencja
Thesaurus of Competition
Business And Competition > Competition > Competition policy > Competition
Business And Competition > Business organisation > Business policy > Competitiveness > Competition
Finance > Prices > Prices policy > Price formation > Competition
Business And Competition > Competition > Restriction on competition > Comparative advertising > Competition
Trade > Trade policy > Public contract > Invitation to tender > Competition
Trade > Trade policy > Public contract > Tendering > Competition
Finance > Prices > Prices policy > Fixing of prices > Free price > Competition
Trade > Trade policy > Export policy > Export financing > Competition
See also
- Competitiveness
- Price formation
- Comparative advertising
- Invitation to tender
- Tendering
- Free price
- Export financing
Hierarchical Display of Competition
Meaning of Competition
Overview and more information about Competition
For a more comprehensive understanding of Competition, see in the general part of the online platform.[rtbs name=”xxx-xxx”]
Resources
Translation of Competition
- Spanish: Competencia
- French: Concurrence
- German: Wettbewerb
- Italian: Concorrenza
- Portuguese: Concorrência
- Polish: Konkurencja
Thesaurus of Competition
Business And Competition > Competition
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