Improved is a form of Improve. Compete requires Improve. Meet entails/necessarily involves Compete. Meet is related to Greet. 
Good is related to Price. Price is a synonym of Label. 
Improved --FormOf--> Improve <--HasPrerequisite-- Compete <--Entails-- Meet <--RelatedTo--> Greet 
Good <--RelatedTo--> Price <--Synonym--> Label 