competitiveness; competitive edge; competitive power
Refers to the ability of a company, product, or economy to compete effectively in a market. Often used in business and economic contexts.
With this new technology, our company's competitiveness has greatly improved.
Cost reduction is essential to maintain price competitiveness.
This company boosted its competitiveness with new technology.
As costs rose, the product lost its competitiveness.
That company's products are highly competitive.
The government announced policies to strengthen industrial competitiveness.