Global Competition is the services or products provided by competing companies that serve international customers. Think about how you can have a pie-eating contest or a race. These are examples of competition on a local scale where they are competing against one another for one common goal - the best in their core competency. What a company does best is how core competency is defined. Global competition has allowed companies to sell and buy their services internationally, which opens the door to increased profits and flattens the playing field in business.