You searched for: “competitiveness
competitiveness (s) (noun) (no plural form)
1. An aggressive willingness to compete.
2. Usually a reference to characteristics that permit a firm to compete effectively with other businesses as a result of low cost or superior technology, perhaps internationally.
3. The ability of a firm or a nation to offer products and services which meet the quality standards of the local and world markets at prices that are competitive and that provide adequate returns on the resources employed or consumed in producing them.
This entry is located in the following unit: peti-, pet-, -pit- (page 2)