Advertisement
Home » Vocabulary » Competitiveness
Thing

Competitiveness

Competitiveness pertains to the ability and performance of a firm, sub-sector or country to sell and supply goods and services in a given market, in relation to the ability and performance of other firms, sub-sectors or countries in the same market. The term may also be applied to markets, where it is used to refer to the extent to which the market structure may be regarded as perfectly competitive. This usage has nothing to do with the extent to which individual firms are “competitive’.

WELCOME TO RICHTOPIA

FREE MEMBERSHIP

Get special new reports and never miss an update again ...

  • 2,068,300 all-time users

WHAT IS RICHTOPIA?

Advertisement
As Seen On Forbes
Advertisement