Questions

Competition  occurs when two or more organisations act independently to supply their products to the same group of consumers.

There are mainly two cases when firms can compete. One is price where firms are selling identical or very similar products, they must compete on price with each firm trying to undercut the others. The other is differentiation. A non-price competition depends on making a product different from those of competitors and by giving it distinctive qualities that are valued by the target market. This might include branding, styling, special features or higher levels of customer service. Good competition provides more options to customers and also brings with it improved  customer services.

The World Anti-Doping Agency (WADA) is a foundation created through a collective initiative led by the International Olympic Committee (IOC). It was set up on 10 November 1999 in Lausanne, Switzerland, as a result of what was called the "Declaration of Lausanne", to promote, coordinate and monitor the fight against drugs in sports. Since 2002, the organization's headquarters have been located in Montreal, Quebec, Canada.

India's GDP growth will remain in the range of 6.5-7.5 per cent over the next 12-18 months and GST will support the momentum for faster growth, a Moody's poll said.

The nearest stars to Earth are in the Alpha Centauri triple-star system, about 4.37 light-years away. One of these stars, Proxima Centauri, is slightly closer, at 4.26 light-years.

Of all the stars closer than 15 light-years, only two are spectral type G, similar to our sun: Alpha Centauri A and Tau Ceti. The majority are M-type red dwarf stars.

Only nine of the stars in this area is bright enough to be seen by the naked human eye from Earth. These brightest stars include Alpha Centauri A and B, Sirius A, Epsilon Eridani, Procyon, 61 Cygni A and B, Epsilon Indi A and Tau Ceti.