Business competition is the process of companies and individuals competing in the same industry or field. This sort of competition applies to virtually all businesses and employees.



For instance, have you ever competed with a coworker for the same promotion? Signed a non-compete at a job? Even if you simply stopped using a competitor’s store, you were practicing business competition in your daily life.

While these situations may arise because of competition in the workplace, it’s important to remember “competition” isn’t necessarily negative. In fact, there are ways in which this idea can positively affect employees and companies alike.