Competitive modes refer to the various strategies and approaches that businesses or individuals use to gain an advantage over their rivals. These modes can include price competition, where companies lower prices to attract customers, or differentiation, where they offer unique products or services that stand out in the market. Understanding these modes helps organizations identify their strengths and weaknesses in relation to competitors. In addition to price and differentiation, competitive modes can also involve factors like market positioning and customer service. Companies may choose to focus on niche markets, targeting specific customer segments, or invest in superior customer support to build loyalty. By analyzing these competitive modes, businesses can develop effective strategies to enhance their market presence.