KEEN COMPETITION Meaning and
Definition
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Keen competition refers to a highly intense and spirited rivalry or contest among individuals, groups, or businesses competing to achieve a particular goal or surpass each other's achievements in a given field, market, or industry. It implies a state where competitors are extremely eager, enthusiastic, and motivated to outperform others and secure advantages such as increased market share, higher profits, or superior recognition.
In keen competition, participants actively seek to demonstrate their abilities, skills, and innovative strategies to gain a competitive edge. They continuously monitor and analyze the actions and achievements of their adversaries, utilizing this information to refine their own practices and develop new approaches that can surpass or respond to the competition's moves. Keen competition often leads to increased drive for excellence, as competitors push the boundaries of their capabilities and strive to stay ahead of the pack.
This level of competition is typically evident in industries where numerous players with similar products or services compete for limited resources or customer attention. It fosters a dynamic environment that promotes innovation, efficiency, and customer-centricity. Keen competition can also lead to price wars or aggressive marketing campaigns as competitors vie for customers or market dominance.
Overall, keen competition stimulates growth, improvement, and innovation within a particular sector by inspiring participants to consistently deliver superior offerings and services in order to gain a competitive advantage. It is characterized by an intense rivalry and a zealous pursuit of victory, ultimately benefiting consumers by providing them with a greater variety of choices and encouraging overall market progress.
Common Misspellings for KEEN COMPETITION
- jeen competition
- meen competition
- leen competition
- oeen competition
- ieen competition
- kwen competition
- ksen competition
- kden competition
- kren competition
- k4en competition
- k3en competition
- kewn competition
- kesn competition
- kedn competition
- kern competition
- ke4n competition
- ke3n competition
- keeb competition
- keem competition
- keej competition
Etymology of KEEN COMPETITION
The word "keen" in the phrase "keen competition" is derived from the Old English word "cene", which meant "bold" or "daring". Over time, its meaning evolved to include "eager" or "enthusiastic". The word "competition" has its roots in the Latin word "competere", which means "strive together" or "struggle for". Eventually, the term "keen competition" came to denote an intense or ardent rivalry in a competitive context.
