competitiveness
ChatGPT's explanation of "competitiveness": Competitiveness refers to the capabilities and advantages that an individual, enterprise or country has over other competitors in the market. This ability enables it to be successful in economic activities and perform well in terms of resource allocation, product sales and market share.
Definition
Competitiveness usually involves multiple factors, including product quality, price, innovation capabilities, brand influence, customer service, etc. Companies or countries with high competitiveness can attract more customers and investments and maintain an advantage in the global market.
Example sentences
The company's competitiveness lies in its innovative technology and excellent customer service.
The government should formulate policies to enhance the country's competitiveness to promote economic growth.
Useful examples
In the technology industry, Apple is highly competitive due to its innovative products and strong brand influence.
A country's competitiveness can be measured by the quality of its education system, the maturity of its infrastructure and the stability of its policies.
่ตทๆบ
The term competitiveness originates from economics and first appeared in the 20th century. With the intensification of globalization and market competition, this concept has become increasingly important. It applies not only to competition between enterprises, but also to economic competition between countries.