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How can profitability and competitiveness be improved? 


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Profitability and competitiveness can be improved by implementing various strategies. One approach is to focus on increasing activity efficiency by optimizing production, improving management, and enhancing the qualifications of personnel . Another way is to adopt effective leadership styles, such as transformational and authentic leadership, which have been found to positively impact bank profitability and competitiveness . Additionally, utilizing analytical tools and considering competitors' key features and likely responses can help in formulating appropriate strategic actions to enhance competitiveness . Furthermore, implementing a non-cooperative dynamic game model can improve profitability and competition by analyzing the interactions between manufacturers and distributors and determining the Nash equilibrium . Lastly, providing targeted support and investment based on the specific needs and circumstances of small and medium-sized enterprises (SMEs) can enhance their competitiveness, considering factors such as flexibility, immaterial capital, and the ability to compete .

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The paper proposes improving profitability and competitiveness by modeling a non-cooperative dynamic game between a manufacturer and multiple competitor distributors.
The paper discusses the application of specific tools such as analytic hierarchy process, game theory, decision trees, and design of experiments to improve competitiveness. It does not specifically mention how profitability can be improved.
The paper suggests that profitability and competitiveness in the Namibian retail-banking sector can be improved by embracing leadership styles such as transformational leadership and authentic leadership. Financial institutions should invest more in developing these leadership styles to enhance productivity and profitability.
The paper discusses that profitability and competitiveness can be improved by focusing on internal sources of increased activity efficiency, such as improving production efficiency, optimizing management, and enhancing the qualifications of personnel.

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