competitive envronment
Post on 04-Apr-2018
218 Views
Preview:
TRANSCRIPT
-
7/29/2019 Competitive Envronment
1/16
SUBMITTEB BY-
ANUJ GANDHI
NITIN JAIN
-
7/29/2019 Competitive Envronment
2/16
MEANING
Competitiveness may defined as the ability of
a firm, sector or economy to compete against
other firm, sector or economies.
-
7/29/2019 Competitive Envronment
3/16
Factors Contributing Competitive
Environment in India
Delicensing
De-reservation of SSI items
Public sector disinvestment & privatization.
Opening up of new sector to private enterprise.
Liberalization of FDI
Import competition
-
7/29/2019 Competitive Envronment
4/16
GLOBAL COMPETITIVENESS INDEX
GLOBAL COMPETITIVENESS INDEX EVALUATES THEPRODUCTIVITY AND EFFICIENCY OF THECOUNTRIES.IT IS A TOOL FOR EVALUATINGCOUNTRY POTENTIAL FOR GROWTH.
IT SHOWS WHICH COUNTRIES SETS THE BEST
EXAMPLE FOR THE REST OF THEWORLD IN TERMSOF ECONOMIC PERFORMANCE, BUSINESSEFFICIENCY,INFRASTRUCTURE AND GOVERNMENTEFFICIENCY.
-
7/29/2019 Competitive Envronment
5/16
FACTORS AND CRITERIA THE CRETERIA USED TO COMPUTE THE RANKINGS ARE
GROUPED INTO 4 MAIN FACTORS DIVIDED INTO TWENTYSUB FACTORS.
FACTOR SUBFACTORS
1 ECONOMIC PERFORMANCE a. Domestic economy
b. International trade
c. International investment
d. Employment
e. prices
-
7/29/2019 Competitive Envronment
6/16
2 GOVERNMENT EFFICIENCY a. Public finance
b. fiscal policyc. Institutional framework
d. Business legislation
e. societal framework
3 BUSINESS EFFICIENCY a. Productivity
b. Labor market
c. finance
e. Management practices
f. Attitudes and values
-
7/29/2019 Competitive Envronment
7/16
4. INFRASTRUCTURE
a. Basic infrastructure
b. Technological infrastructure
c. Scientific infrastructured. Health & environment
e. Education
-
7/29/2019 Competitive Envronment
8/16
GLOBAL COMPETITIVENESS INDEX
REPORT GLOBAL COMPETITIVENESS REPORT IS A YEARLY
REPORT PUBLISHED BY THE WORLD ECONOMIC
FORUM. THE FIRST REPORT WAS RELEASED IN 1979. THE 2011-2012 REPORT COVERS 142 MAJOR AND
EMERGING ECONOMIES.
SWITZERLAND LEADS THE RANKING AS THE MOST
COMPETITIVEECONOMY IN THE WORLD AS THEUNITED STATES WHICH RANKS FIRST FOR SEVERAL
YEARS FELL TO FIFTH PLACE DUE TO THECONSEQUENCES OF FINANCIAL CRISIS OF 2007-2010
-
7/29/2019 Competitive Envronment
9/16
2011-12 RANKINGS 1. SWITZERLAND
2. SINGAPORE
3. SWEDEN
4. FINLAND 5. UNITED STATES
6. GERMANY
7. NETHERLAND 8. DENMARK
9. JAPAN
10. UNITED KINGDOM
-
7/29/2019 Competitive Envronment
10/16
2008-09 RANKINGS
1. United States 2. SWITZERLAND
3. DENMARK
4. SWEDEN 5. SINGAPORE
6. FINLAND
7. GERMANY
8. NETHERLANDS
9. JAPAN
10. CANADA
-
7/29/2019 Competitive Envronment
11/16
RANKING OF INDIA AND CHINA
INDIA RANKS 56 WHILE CHINA RANKS 26 IN THE GLOBAL
COMPETITIVENESS REPORTS RANKING FOR 2011-12.
INDIA RANKS 51 IN 2010-11 WHILE CHINA RANKS 27.
INDIA RANKS 49 IN 2009-10 WHILE CHINA RANKS 29.
INDIA IS BEHIND CHINA(26),SOUTHAFRICA(50) ANDBRAZIL(53).RUSSIA(66) IS THE ONLY COUNTRY AMONG
BRICS NATIONS TO TRAIL INDIA.
-
7/29/2019 Competitive Envronment
12/16
COMPETITIVENESS GAP BETWEEN
INDIA AND CHINA
COMPETITIVENESS GAP BETWEEN INDIA AND
CHINA CONTINUES WIDENING DUE TO THE
FOLLOWING REASONS.
THE INFRASTRUCTURE IN INDIA REMAINS LARGERLY
INSUFFICIENT AND ILL ADAPTED TO THE BUSINESS NEEDS.
INDIA IS RANKED 89 AMONG 142 COUNTRIES ON THEINFRASTRUCTURE PARAMETER.
IN HEALTH AND BASIC EDUCATION INDIA RANK IS 101
-
7/29/2019 Competitive Envronment
13/16
COMPETITION ACT, 2002
Today, the whole world is facing the thought cut
competition .To have a fair and healthy competition, our
nation has set up a body judicial body which is known as
the competition commission of India [CCI]. In India therewas an act regarding the competition in the market
named MRTP Act [Monopolistic & Restrictive Trade
Practice Act] but as the time changed this act was not able
to prevent the needed defense for the society and market,and thus new act named The Competition Act enacted in
2002 which is widely known as the antitrust act in United
States.
-
7/29/2019 Competitive Envronment
14/16
Objectives of competition law:
1. To prohibit the agreements or practices that restricts
free trading and also the competition between two
business entities.2. To ban the abusive situation of the market monopoly.
3. To provide the opportunity to the entrepreneur for
the competition in the market.
4. To have the international support and enforcementnetwork across the world.
5. To prevent from anti-competition practices and to
promote a fair and healthy competition in the market
-
7/29/2019 Competitive Envronment
15/16
Prohibitions under the law:
This law prohibits the deliberate exploitation of adominant market position by a firm.
Willful acquisition has also been prohibited.
(Here mentioning the market power is a necessity. It has beendefined as the power to control prices or exclude competitionand market share is the most important factor in measuring themarket power.)
Unlawful monopolization is an offence under thecompetition law.
(There has been made an anti-competition agreement for
Control this activity)
-
7/29/2019 Competitive Envronment
16/16
THANK
YOU
top related