Competitiveness of a business in today's market?
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The competitiveness of a business in today's market is crucial for its success and survival. It is influenced by various factors, both internal and external. External factors include competitors, suppliers, and customers, while internal factors are related to the company's internal environment. Effective management strategies, such as mergers/acquisitions and inter-firm collaboration, can help businesses respond to external factors and gain a competitive edge . However, the internal environment of the company plays a significant role in ensuring competitiveness. Strategic leadership is essential for creating a unique internal environment that sets the business apart from its competitors . To enhance competitiveness, businesses need to focus on market assessment, innovation, and the development of marketing strategies . Additionally, continuous analysis of competitors, strategic potential, and market position is necessary for maintaining and improving competitiveness . Overall, businesses need to adapt to market conditions, improve productivity, and offer products or services that meet modern requirements to enhance their competitiveness .
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| Papers (5) | Insight |
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Open access 01 Jan 2016 2 Citations | The paper discusses the evaluation and improvement of competitiveness in modern enterprises, but does not provide a direct answer to the question about the competitiveness of a business in today's market. |
| The paper discusses the factors influencing the competitiveness of business, including external factors like competitors, suppliers, and customers, as well as internal factors. Strategic leadership is highlighted as crucial for ensuring competitiveness. | |
| The paper discusses the concept of business competitiveness and its importance in attracting investment and retaining customers. However, it does not specifically address the competitiveness of a business in today's market. | |
26 Feb 2021 | The paper discusses the importance of competitiveness for the development and existence of an enterprise. It mentions that competitiveness is determined by factors such as market assessment, marketing, and meeting modern requirements of scientific and technological progress. However, it does not provide a specific answer to the question about the competitiveness of a business in today's market. |
| The paper discusses the importance of competitiveness for business structures in the furniture market and the need for constant analysis and evaluation of competitors and market position. |
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