World market competition: Tendencies and development features at the present stage

Competition is an economic process of interaction, interconnection and struggle between the enterprises acting on the market in order to provide better sales opportunities for their products, meet the needs of customers and obtain the greatest profit. Modern competition as an integral attribute of the world market. Industrialization of economic life expands the mass base of competition. Along with giant monopolies, medium, small and even very small firms enter the market struggle. © 2018.

Authors
Udovik E.E.1 , Nikolaevna K.M.2 , Shkuratova M.V.3 , Malinovskaya N.V. 4, 5 , Ugrimova S.N.6
Journal
Espacios
Publisher
Revista Espacios
Number of issue
31
Language
English
Status
Published
Link
External link
Volume
39
Year
2018
Organizations
  • 1 Kuban State Technological University, Krasnodar, Russian Federation
  • 2 Institute of World Civilizations, Moscow, Russian Federation
  • 3 Pyatigorsk Medical Pharmaceutical Institute, Branch of Volgograd State Medical University, Pyatigorsk, Russian Federation
  • 4 Peoples' Friendship University of Russia (RUDN University), Moscow, Russian Federation
  • 5 Financial University under the Government of the Russian Federation, Moscow, Russian Federation
  • 6 Don State Technical University, Rostov-on-Don, Russian Federation
Keywords
Development of competitive relations; Resource consumption; Rivalry; World market
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