competitiveness

[kuhm-pet-i-tiv-nis]

noun

1. the tendency to perceive and approach activities in a competitive way.

2. the quality of being useful or advantageous in competition with rivals.

Example Sentences

The new company aims to boost business efficiency and competitiveness, and streamline development, procurement, production, and logistics, Daimler and Toyota said.

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“We also need to reduce our costs for developing, constructing, and operating offshore wind farms to strengthen our competitiveness.”

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Still, rate cuts can’t address structural issues, such as Thailand’s fading export competitiveness and lower tourism, the deputy governor said.

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The company said it needed to focus more on its European business and offshore wind, as well as improve its competitiveness.

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“This proposal is the first step for our industry to regain competitiveness.”

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