Thursday, November 21, 2019

International competitiveness and competitive advantage Essay

International competitiveness and competitive advantage - Essay Example The current state of the global economy development and evolution along with the increasing tendency of its competitiveness is known to be related, primarily, with increasing of the competitiveness of its businesses, the loss of which in the course of economic reforms proved the most significant shortcomings. The success of the identifying and forming objectives the competitive advantage are called to improve the industrial competitiveness companies. This fact, however, makes them more dependent on the level of development of methodological approaches to the establishment and effective functioning of the competitive advantage in general.In accordance with the world practice, the market relations represent the interconnected solution to these problems. The use of these principles guarantees the increase of the competitiveness of the enterprises. The main areas of competitive advantage of the organization's security are concentration of resources for the company to predict the actions of competitors, holding the initiative in the competition, software resource potential to achieve the goals, development flexible planning firms in the market. The competitive advantage that in specific markets determines various competitors is a significant factor in climate, or the competitive situation on the commodity market. Competitive advantage is defined a set of characteristics, properties of the product or brand that creates for the company definite advantage over its direct competitors.

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