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.

BRICS is basically an association of 5 major emerging national economies: Brazil, Russia,China, India and South Africa.

BRIC was coined in Foreign Ministerial meeting of Brazil,Russia,China and India in Newyork in Sept 2006. BRIC officialy came in existance in 2009 at Yekaterinburg,Russia.

At start group was named as BRIC, but after being formally invited by the BRIC countries to join the group, South Africa officially became a member nation on 24 December 2010, and the group was renamed BRICS.

With 9 gold, 12 silver and 19 bronze, India won 40 medals in 5th Asian Indoor and Martial Arts Games and finished the Games at 11th.

Nutrients are the substances in food that provide the raw materials and energy the body needs to carry out all its essential processes.

There are six groups of nutrients:

1. Carbohydrates.

2. Fats.

3. Proteins.

4. Vitamins.

5. Minerals.

6. Water.

The process which wherein an Ecosystem may renew itself is known as Ecological Succession.

The time scale may be decades or a million of years after a mass extinction. 

It may be achieve over a period of time.