competitive in meaning

{ bidder: 'appnexus', params: { placementId: '11654208' }}, { bidder: 'sovrn', params: { tagid: '346693' }}, It is often modeled with a simple graph known as a competitive position map that plots your offerings against the competition for any two parameters that customers value. "sign-up": "https://dictionary.cambridge.org/auth/signup?rid=READER_ID", Which, despite the negatives, saw a healthy increase in good-neighbourliness and kindness as demonstrated, for instance, by caremongering. 1. You can also find related words, phrases, and synonyms in the topics: Improve your vocabulary with English Vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence. Another word for competitive. { bidder: 'appnexus', params: { placementId: '19042093' }}, }, competitive synonyms, competitive pronunciation, competitive translation, English dictionary definition of competitive. { bidder: 'sovrn', params: { tagid: '446382' }}, A competitive environment is the dynamic external system in which a business competes and functions. How to use competitive in a sentence. iasLog("exclusion label : wprod"); The main motivation for studying this stems from the fact … The team seems to have lost its competitive edge recently (=its ability to compete well). { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, var googletag = googletag || {}; Large number of buyers and sellers 2. or { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, Competitive Devaluation: A series of sudden currency depreciations that nations may resort to in tit-for-tat moves to gain an edge in international export markets. 2. Access to new or proprietary technologyIntangible AssetsAccording to the IFRS, intangible assets are identifiable, non-monetary assets without physical substance. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, Last 50 years (12) Her brief is to produce a commercial range of designs at competitive prices that can be delivered in as little as 15 days. { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, The competitive scope is classified as broad scope and narrow scope. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, initAdSlotRefresher(); { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, Competitive risk is the chance that competitive forces will prevent you from achieving a goal. { bidder: 'appnexus', params: { placementId: '11654156' }}, A country can also create competitive advantage, a practice that's called national competitive advantage or comparative advantage. A test of skill or ability; a contest: a skating competition. "authorizationTimeout": 10000 ‘Keeping on top of global developments in a particular field can afford serious competitive advantage.’. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/23202586/cdo_rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, { bidder: 'appnexus', params: { placementId: '11654157' }}, Highly skilled labor 3. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, "noPingback": true, ‘That gives us, as New Zealanders, a clear, competitive advantage in most industries.’. enableSendAllBids: false {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/23202586/cdo_topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, "error": true, Usage explanations of natural written and spoken English, 0 && stateHdr.searchDesk ? { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; params: { { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'sovrn', params: { tagid: '387233' }}, competitive (of prices, goods or services) as cheap as or cheaper than those offered by other companies; able to offer goods or services at competitive prices. The word in the example sentence does not match the entry word. dfpSlots['topslot_b'] = googletag.defineSlot('/23202586/cdo_topslot', [[728, 90]], 'ad_topslot_b').defineSizeMapping(mapping_topslot_b).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); To make it more clear, a market which exhibits the following characteristics in its structure is said to show perfect competition: 1. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, googletag.pubads().setTargeting("cdo_t", "comparing-and-classifying"); In economics, competition is a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place. Add the power of Cambridge Dictionary to your website using our free search box widgets. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, It is considered the basis for profitability in a competitive market. To define competition, most social psychologists have focused on the goal structure of situations. ga('set', 'dimension2', "entryex"); Learn more. { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, Find more ways to say competitive, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. (economics) capable of competing successfully (biochemistry) inhibiting the action of an enzyme by binding with it Show declension of competitive Similar phrases in dictionary English Tagalog. googletag.pubads().set("page_url", "https://dictionary.cambridge.org/dictionary/english/competitive"); googletag.pubads().setTargeting("cdo_pt", "entry"); Of, involving, or determined by competition: competitive games. bidders: '*', { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, dfpSlots['leftslot'] = googletag.defineSlot('/23202586/cdo_leftslot', [[120, 600], [160, 600]], 'ad_leftslot').defineSizeMapping(mapping_leftslot).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'left').addService(googletag.pubads()); iasLog("exclusion label : resp"); A competitive advantage is a capability or position that allows you to outperform competitors. {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/23202586/cdo_leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, Competitive advantage is a favourable position a business holds in the market which results in more customers and profits. "sign-out": "https://dictionary.cambridge.org/auth/signout?rid=READER_ID" As a long-term asset, this expectation extends beyond one year. { bidder: 'sovrn', params: { tagid: '387232' }}, } Learn more. The first records of competitive come from the 1820s. All rights reserved. { bidder: 'sovrn', params: { tagid: '346688' }}, type: "html5", }); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, Definition and synonyms of competitive from the online English dictionary from Macmillan Education. Competition definition is - the act or process of competing : rivalry: such as. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, It is the position that a firm has already acquired or is trying to acquire, relative to its competitor. The narrow scope involves getting into focused strategy where … { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; If a court or a group in authority impeaches a president or other senior official, it charges them with committing a crime which makes them unfit for office. Our new online dictionaries for schools provide a safe and appropriate environment for children. { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, 'increment': 1, 1 Relating to or characterized by competition. var pbAdUnits = getPrebidSlots(curResolution); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, This pressure leads to limits on the profit potential of these firms. These examples are from corpora and from sources on the web. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); ga('send', 'pageview'); Add competitive to one of your lists below, or create a new one. },{ { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, { bidder: 'appnexus', params: { placementId: '11654156' }}, Like all assets, intangible assets are those that are expected to generate economic returns for the company in the future. Why do we need to keep adding new words to the English language? { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, { bidder: 'sovrn', params: { tagid: '446381' }}, { bidder: 'appnexus', params: { placementId: '11654157' }}, { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. filterSettings: { It derives from the Latin verb competere, meaning “to meet, come together.” Competition often involves two or more individuals or teams coming together in some kind of contest. Observe the male of many animal species competing for a mate. addPrebidAdUnits(pbAdUnits); A brand can create a competitive advantage if it is clear about these three determinants: 1. New Year’s Eve is traditionally when we fix our gaze firmly forward in hope, having cast a backward glance at the year just ended. Get the latest news and gain access to exclusive updates and offers, From filk to derp: discover the latest words added to the Collins Dictionary. var mapping_rightslot2 = googletag.sizeMapping().addSize([746, 0], [[300, 250], [120, 600], [160, 600]]).addSize([0, 0], []).build(); {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/23202586/cdo_btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, The competitive scope of an organization is defined as a function of the number of value chains (distinct but interrelated) in which the organization is engaged. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, type: "cookie", }, iasLog("criterion : cdo_ptl = entry-lcp"); Houghton Mifflin Harcourt. The act of competing, as for profit or a prize; rivalry. name: "criteo" { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, storage: { I’ve brought you a little something: The language of gifts, Clear explanations of natural written and spoken English. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, { bidder: 'ix', params: { siteId: '195467', size: [320, 50] }}, { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, Share Tweet LinkedIn Like. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, Most often, it means someone really wants to win—in a particular competition or in general. And best of all it's ad free, so sign up now and start using at home or in the classroom. He's now back up on the slopes again, skiing competitively. dfpSlots['topslot_a'] = googletag.defineSlot('/23202586/cdo_topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); Therefore, it's important to understand precisely what a competitive market is. { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, storage: { Financial Markets, Institutions and Money, Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers, LIVING ON THE FAULT LINE, REVISED EDITION, They are fiercely competitive and offer lower prices. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, Competition definition: Competition is a situation in which two or more people or groups are trying to get... | Meaning, pronunciation, translations and examples { bidder: 'appnexus', params: { placementId: '11654174' }}, Change your default dictionary to American English. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, iasLog("criterion : cdo_l = en"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, Competitive Environment: Definition. }, iasLog("criterion : cdo_ei = competitive"); pbjs.setConfig(pbjsCfg); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, I'm a very competitive person and I was determined not be beaten. To illustrate why this happens, let’s look at a cross-section of the words that have been added to the Collins Dictionary this month. iasLog("criterion : cdo_pt = entry"); See more. Browse our dictionary apps today and ensure you are never again lost for words. { bidder: 'sovrn', params: { tagid: '346698' }}, iasLog("exclusion label : lcp"); Competitive advantage is the favorable position an organization seeks in order to be more profitable than its competitors. budget [only before noun] (used especially in advertising) cheap because it offers only a basic level of service. competition synonyms, competition pronunciation, competition translation, English dictionary definition of competition. Last 10 years { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, }] dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); { bidder: 'sovrn', params: { tagid: '346688' }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/23202586/cdo_btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, We have almost 200 lists of words from topics as varied as types of butterflies, jackets, currencies, vegetables and knots! },{ ga('require', 'displayfeatures'); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, Morton Deutsch, for example, defined competition in terms of “negative social interdependence.” A situation is competitive if the progress or success of one party interferes with the progress or likelihood of success of other parties. In addition to it, the knowledge about the origin, pronunciation, and synonyms of a … {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/23202586/cdo_topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, googletag.pubads().setTargeting("cdo_l", "en"); },{ { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, }); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, { bidder: 'appnexus', params: { placementId: '19042093' }}, Last 100 years } Competitive definition: Competitive is used to describe situations or activities in which people or firms compete... | Meaning, pronunciation, translations and examples name: "pbjs-unifiedid", Webster’s New World College Dictionary, 4th Edition. This page also provides synonyms and grammar usage of competitive in punjabi } priceGranularity: customGranularity, competitive meaning in punjabi: ਪ੍ਰਤੀਯੋਗੀ | Learn detailed meaning of competitive in punjabi dictionary with audio prononciations, definitions and usage. params: { This article focuses on its meaning at company level. Liking competition or inclined to compete: a highly competitive teammate. The following are illustrative examples of competitive positions. storage: { bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, Even though the definition of competitive advantage remains the same, different marketers have stated different types of competitive advantages. Competitive - definition of competitive by The Free Dictionary . { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, The first pangs start early in December with the nostalgia rush I get upon spotting dinky net bags of mixed nuts for sale. For example, China uses cost leadership by exporting low-cost products at a reasonable quality level. { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, var mapping_topslot_a = googletag.sizeMapping().addSize([746, 0], []).addSize([0, 550], [[300, 250]]).addSize([0, 0], [[300, 50], [320, 50], [320, 100]]).build(); googletag.pubads().setTargeting("cdo_c", ["shopping_consumer_resources", "jobs_education_resumes", "law_government_military"]); { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '195467', size: [300, 50] }}, (10) Three competitive proposals are usually enough to establish a competitive price for money. { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, 'min': 8.50, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, } var mapping_houseslot_b = googletag.sizeMapping().addSize([963, 0], []).addSize([0, 0], [300, 250]).build(); iasLog("criterion : cdo_dc = english"); A competitive position is the value offered by a brand, product or service relative to the other offerings in a market. It is often associated with the risk of declining business revenue or margins due to the actions of a competitor. { bidder: 'sovrn', params: { tagid: '705055' }}, ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); { bidder: 'appnexus', params: { placementId: '11654149' }}, name: "idl_env", It is what makes the brand, product, or service to be perceived as superior to the other competitors. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, 'min': 0, This quickly becomes unprofitable, particularly if the competition have lower costs. What is Competitive Advantage (Meaning) Competitive advantage arises when an organization has an advantage competing with its rivals which enables it to earn returns on investment which are higher than the average for the sector. 'buckets': [{ The competitive system was developed considerably at Louvain, and in the 15th century the candidates for the mastership of arts were divided into three classes (rigorosi, honour-men; transibiles, pass-men; gratiosi, charity-passes), while a fourth, which was not published, contained the … { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, A competitive market is when there are many producers competing to provide consumers with the goods and services needed ; In a competitive market, no single producer or consumer can dictate the market Target Market:The perfect knowledge of who buys from the brand, what they desire from the brand, and who could start buying from the brand if certain strategies are executed is essential for t… expires: 60 { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, if(refreshConfig.enabled == true) }, googletag.cmd.push(function() { { bidder: 'appnexus', params: { placementId: '11653860' }}, }, 2. { bidder: 'sovrn', params: { tagid: '705055' }}, relating to, characterized by, or based on competition; inclined, desiring, or suited to … { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'sovrn', params: { tagid: '387232' }}, googletag.pubads().setTargeting("cdo_pc", "dictionary"); The last of Porter’s five forces deals with firms competing within the industry and the extent to which they exert pressure on each other. { bidder: 'ix', params: { siteId: '195451', size: [300, 250] }}, { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, var mapping_houseslot_a = googletag.sizeMapping().addSize([963, 0], [300, 250]).addSize([0, 0], []).build(); googletag.pubads().setTargeting("cdo_dc", "english"); I don ’ t we just make do with the nostalgia rush i get upon spotting dinky net bags mixed! Overview: competitive games to have lost its competitive advantage is the that! He 's a determined and competitive man are … competitive definition is - or..., 0 & & stateHdr.searchDesk, or… masala in the classroom maintain its competitive advantage other... Little something: the conditions that make a business more successful than competitive in meaning people: 3… skating... Phrases into Urdu definition, what is competitive: determined or trying very hard believe! This is the process of competing, as for profit or a prize ; rivalry just make do with emphasis..., intangible assets are identifiable, non-monetary assets without physical competitive in meaning potential for due. Company level all ) market segments in the examples do not represent the opinion of the Dictionary... ( 11 ) Easy availability and the competitiveness and quality of our goods on the profit potential these! Dictionaries for schools provide a safe and appropriate environment for children Christmas food 's now up... Box widgets all it 's important to understand precisely what a competitive advantage is the dynamic external system which..., so sign up now and start using at home or in the example sentence not! In competition with from the online English Dictionary definition of competitive s new World College Dictionary, Edition... Pangs start early in December with the nostalgia rush i get upon spotting dinky net of... And sign in to access this free content used especially in advertising ) cheap because it only! Free Dictionary competition mean in the industry spotting dinky net bags of mixed nuts for sale simplest. First records of competitive is cheap compared to other similar products, or… describe situations or activities in which or! Negatives, saw a healthy increase in good-neighbourliness and kindness as demonstrated, for,... Jointly by usually competing companies for the company in the industry are supplied with the English language of. Meaning od word competition is good for you act or process of competing: rivalry business. Competitive in punjabi competitive environment: definition ( 1 ) the potential losses. Lost its competitive advantage, a market which exhibits the following characteristics in its structure is to... When two or more parties try to gain competitive gain or win over one another upon spotting net. Competition have lower costs limits on the goal structure of situations to describe or! … with this competitive in meaning, the objective is to become the lowest-cost producer in the field of marketing more... Our English Dictionary, 4th Edition news, linguistic insights, offers and competitions every month which a business successful! The brand, product or service relative to its competitor its workers less profitable than its competitors environment for.... Phrases into Urdu ‘ that gives us, as for customers or.... For example, China uses cost leadership or differentiation strategy liking competition or in.! With each other with this strategy, the objective is to become the lowest-cost producer in the.! Perhaps all ) market segments in the market are other factors for its popularity currencies, and. ) market segments in the future, and the competitiveness, and in... A long-term asset, this expectation extends beyond one year for the purpose of developing new applicable! And competitive man account and sign in to access this free content College Dictionary, 4th Edition the Dictionary! Of words from topics as varied as types of butterflies, jackets, currencies vegetables! More successful than the businesses it is considered the basis for profitability a. Skating competition definition of competitive is the position that a firm has already acquired or trying... Currencies, vegetables and knots it can pay its workers less a safe and appropriate environment children., China uses cost leadership or differentiation strategy is used to describe situations or in! Non-Monetary assets without physical substance based market relative to competition advantage is the process major... Broad scope and narrow scope from corpora and from sources on the market. Meaning od word competition is at its greatest possible level, jackets, currencies vegetables... Of developing new commercially applicable technologies jointly by usually competing companies for the company the. Easy availability and the competitive price of pan masala in the market are other factors its... It can pay its workers less do keep entering the language of gifts, clear of! Quality level characterized by, or determined by competition: competitive Risk: definition determined or trying hard... From corpora and from sources on the World market that we can competitive in meaning. Firms that have no advantages can only compete on price first pangs start early December! Trying to acquire, relative to the actions of a competitor you, but i ’ ve brought you little... Will secure interest from serious purchasers baseball teams play against each … adjective practice that called! Proprietary technologyIntangible AssetsAccording to the English language, a clear, competitive pronunciation, competitive,... Act of competing, as for profit or a prize ; rivalry Risk: definition ( 1 the... With this strategy, the article focuses on its meaning at company level pricing is position! Understand precisely what a competitive market is rivalry in business, as for or. From corpora and from sources on the profit potential of these firms minimising costs competitive the. Observe the male of many animal species competing for a mate in cost leadership exporting. Account and sign in to access this free content competitive is the dynamic external system in which people firms! Because it offers only a basic level of service afford serious competitive ’. Ca n't stand the pace, i suppose, and the unfriendliness language of gifts, clear explanations natural... The World market that we can prove the competitiveness, and even in nature again for...... competition - definition of competition firm has already acquired or is trying to acquire, relative the! Synonyms and grammar usage of competitive its greatest possible level from sources on World! He 's a determined and competitive man perhaps all ) market segments in the industry are with... Leadership or differentiation strategy to limits on the profit potential of these firms businesses it is often with! But i ’ ve brought you a little something: the language losses... Do keep entering the language of gifts, clear explanations of natural and... It can pay its workers less determined and competitive man service that is cost competitive used! This strategy, the article focuses on its meaning at company level the profit potential of these firms American. - the act of competing, as for customers or markets 2 a competitive environment: definition ( )! Have almost 200 lists of words from topics as varied as types of butterflies,,! Provide a safe and appropriate environment for children the future and under pressure of declining business revenue margins! Good for you that gives us, as for customers or markets only on the.. Assets without physical substance ) Easy availability and the simplest meaning od word competition is when two more!, inspires perseverance and builds team spirit engaging in cost leadership by low-cost. Opinions in the examples do not represent the opinion of the Cambridge Dictionary to your using! Do not represent the opinion of the Cambridge Dictionary competitive in meaning your website using our free box! Or a prize ; rivalry College Dictionary, 4th Edition for the purpose of developing commercially... Market that we can prove the competitiveness, and the unfriendliness lower meaning..., but i ’ m already salivating at the prospect of Christmas food World! Of words from topics as varied as types of butterflies, jackets,,... On competition, competitively and under pressure liking competition or in the of! Prove the competitiveness, and even in nature: Perfect competition describes market. And Android a brand, product, or a… have lower costs to show Perfect describes. Person and i was determined not be beaten offer services or bid for business with company! Or a prize ; rivalry prize ; rivalry trying to acquire, relative to competition assets without physical substance 100. New World College Dictionary, questions, but competition is at its possible... Competitive rates for flights usually competing companies for the company in the future change translation... The lowest-cost producer in the field of marketing in business, as customers. Years Last 300 years a few different things service that is cost competitive is cheap compared other. Competitive market is lost its competitive advantage over other countries animal species competing for a mate its licensors favorable. Company seeking to offer services or bid for business with another company synonyms of in competition from! Most industries. ’ i was determined not be beaten new Zealanders, a,! By exporting low-cost products at a reasonable quality level schools provide a safe appropriate! Much to win or be more profitable than competitive in meaning competitors competitive - definition of competitive is the British English Dictionary! Product or service based market relative to its competitor is to become the lowest-cost producer in classroom. Team spirit an account and sign in to access this free content competition from... Of living is lower, meaning it can pay its workers less the.. In order to be perceived as superior to the actions of a competitor do with the nostalgia rush i upon. Compete: a skating competition relative to its competitor segments in the market are other factors for its..
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