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Tiếng anh 4: Benefits to consumers and producers

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Benefits to
consumers and producers

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What
What are
are the
the benefits
benefits which
which the
the producers
producers and
and customers
customers get

get in
in this
this competitive
competitive market?
market?

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3 parts

1

Notion : Competition

2

Reasons for competition

3

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Benefits to consumers and producers


1

Notion : Competition



A natural phenomenon, the conflict between
individuals.




A rivalry between economic agents.
Occur between :


producers and consumers ; consumers and consumers
or producers and producers.

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2

Reasons for competition

 Increasing the capacity of enterprises.
 Financial strategy.
 Technological innovation.
 Highly skilled labor, talent.
 Improving labor productivity and employee creativity.
 Enhancing the competitiveness.
 Expanding market.

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Benefits to consumers and producers

3



Benefits to consumers from the competition :

• Wider choice.
• Buy products with higher quality and cheaper prices.
• Receive better after- sales services.

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3






Benefits to consumers and producers

Benefits to producers from the competition :
Creating various product.
Leading to innovation.
Increasing the capacity of enterprises.

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3





Benefits to producers from the competition :
Getting loyal followers.
Bringing oppotunity to learn about marketing and
sale.



Benefits to consumers and producers

Expanding market.

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Competition
Competition has
has an
an important
important role
role in
in the
the production
production of
of particular
particular goods,
goods, and
and in
in the
the economic
economic
field
field in
in general,
general, is
is the
the driving
driving force
force for
for production
production development,
development, contributing
contributing to
to economic
economic
development.
development.

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L/O/G/O



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