Questions

Jean Piaget was a cognitive psychologist who identified four stages of development: the sensorimotor stage from birth to 2 years, the preoperational stage from age 2 to age 7, the concrete operational stage from age 7 to 11, and the formal operational stage from age 11 to adult. He identified milestones that occur at each stage.

According to Piaget, the main task of the sensorimotor stage is for the child to learn the concept of object permanence, use senses and motor skills to understand the world.

Two main measures for the efficiency of an algorithm are Time and Space.

A river which can run but never walks, has a mouth but never talks, has a head but never weeps, has a bed but never sleeps.

Nankana Saheb

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.