The competitor
Example: Competitor offers similar products competing for same customers
Definition
"The competitor" refers to a person or company that offers similar products or services, striving to attract the same customers within a market. In entrepreneurship, the competitor is an entity whose actions can influence market strategies and business success.
Etymology
The term "competitor" originates from the Latin word 'competitor,' meaning 'one who seeks together' or 'strives in common.' It entered English in the late 16th century, initially describing someone who competes or contends with others, especially in business or sports contexts.
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"The competitor" appears in the Vocaplus list "English - Entrepreneurship - (A1-C2) - set 1", containing 110 commonly used words.
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