Types of competitionCompetition exists in any market, in the market of goods and services, in the labor market, so it is very important to know all competition strategies in order to skillfully promote yourself, both in the labor market and and in the market for goods and services. Economists distinguish 4 types of competition. The first type is “Perfect Competition”, a market in which there are a huge number of sellers who sell the same product. It is easy to enter this market, but there are a number of barriers. It is very easy to become an entrepreneur, but at the same time the risks are very high. Because a seller in perfect competition cannot influence the market, the price, the product, or the buyers; he is completely dependent on the market. And any slightest trouble in the market can lead to the collapse of the entire business. If you work at work, then in the event of, for example, a crisis, when there is a reduction in staff, such employees of the same type who do the same type of work are easily fired, they are being cut because they are then just as easy to find, for example, salespeople for a store. They come in batches, leave in batches, and no one really chases after them. Sellers who want to get a job in a store are an example of a labor market with perfect competition. This is a severe type of competition - perfect competition. The next type I want to talk about is monopoly. This is when there is only one provider of a given service. For example, Gazprom. On the one hand, it’s great to be Gazprom, but on the other hand, a monopoly has many more problems, and becoming a monopoly is very difficult. Well, for example, to become a monopoly, you need a product that only exists with you, or you need some special conditions. For example, Gazprom is the only one who deals with gas in our country. If you are just entering the market, for example the labor market, or you are entering the market to sell some service that is exclusive only to you, you have found some super- concept, developed some super product, or you received some unusual education, you have a bunch of different diplomas, what’s going on? There is no market for your product yet. That is, in order to become a monopoly, you either need to have some resources to buy up, for example, all factories, or start developing a new market. This is extremely dangerous, since you are investing huge amounts of money and developing the market. Then, when the market develops, competitors instantly appear who also want to get into this market. You have already paved the way, it is easy for these competitors to get there, the product has already been promoted, that is, there is already a certain demand for this product. And it’s already very difficult for you to protect yourself from competitors. Especially if you don’t have barriers like the barrier of natural monopolies. If you don't have barriers that will protect your monopolistic market, then it's futile. In addition, if you have a monopoly, then, as a rule, your customers will also form some kind of monopoly against you. If we talk about the labor market, then many people begin, for example, to invest in their education, and begin to receive a bunch of different educations. They begin to get an education, for example, at Oxford, or somewhere else, and receive a bunch of different certificates. As a result, a person becomes a retrained personnel. Naturally, he has invested some money in himself, and there is a need to return this money later. Naturally, why should an employer overpay for some qualities that he absolutely does not need. You may ask: Isn’t it necessary to educate yourself? Is it necessary? Now I’m talking about a monopoly, that is, if you have something like an exclusive set of some of your expert data, you become a requalified specialist. You just have a lot of everything. And there are no such consumers. For every product there must be a consumer, and when a crisis occurs, it happens that there is no consumer for such a product as a requalified specialist. The next type of competition is Oligopoly. This is when there are two or three.