4 ms·
Competition tends to force organizations to evolve to meet the threat. That is, unless some government intervenes in the market, distorting the effect. Then y
by hpcjoe 6y ago
Competition tends to force organizations to evolve to meet the threat. That is, unless some government intervenes in the market, distorting the effect. Then you get a distorted market with inefficient allocation of resources.
Seems to happen quite a bit in monoideological areas.