competitive in meaning

This pressure leads to limits on the profit potential of these firms. 1. I’ve brought you a little something: The language of gifts, Clear explanations of natural written and spoken English. { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, 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_pc = dictionary"); var pbDesktopSlots = [ Another word for competitive. competitive advantage definition: the conditions that make a business more successful than the businesses it is competing with, or a…. Only by keeping down costs will America maintain its competitive advantage over other countries. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, googletag.cmd = googletag.cmd || []; { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/23202586/cdo_topslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, Copyright © 2010 by competitive meaning, definition, what is competitive: determined or trying very hard to be mor...: Learn more. countries. "login": { { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. n. 1. The market can differ on the basis of products or services sold or on the basis of other factors like government regulation, taxes, legality of exchange, price ceiling, buyers target, etc. The act of competing, as for profit or a prize; rivalry. { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, adjective. Competitive definition: Competitive is used to describe situations or activities in which people or firms compete... | Meaning, pronunciation, translations and examples The rivalry can be over attainment of any exclusive goal, including recognition:(e.g. { bidder: 'ix', params: { siteId: '195467', size: [300, 50] }}, For example, China uses cost leadership by exporting low-cost products at a reasonable quality level. Competitive edge definition: an advantage based on success in competition | Meaning, pronunciation, translations and examples 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: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, Competition definition: Competition is a situation in which two or more people or groups are trying to get... | Meaning, pronunciation, translations and examples 'min': 31, }, These are reasonable questions, but the fact is that new words do keep entering the language. It is considered the basis for profitability in a competitive market. Competitive Environment: Definition. relating to, characterized by, or based on competition; inclined, desiring, or suited to … The first pangs start early in December with the nostalgia rush I get upon spotting dinky net bags of mixed nuts for sale. Homes for sale at competitive prices will secure interest from serious purchasers. Definition and synonyms of in competition with from the online English dictionary from Macmillan Education.. }; The attempt by two or more companies or other organizations to secure the business of a customer.Competition occurs when different companies offer better quality products and/or lower prices in order to encourage economic actors to become and remain customers. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, googletag.enableServices(); either through lower cost offerings (cost advantage) or through product differentiation (differentiation advantage The first records of competitive come from the 1820s. 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… 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. Define competition. competitive - WordReference English dictionary, questions, discussion and forums. var pbTabletSlots = [ googletag.pubads().setTargeting("cdo_pt", "entry"); A test of skill or ability; a contest: a skating competition. So although the salary isn’t specifically listed – that doesn’t mean you can’t estimate a ballpark figure based on your own research. 'min': 0, Change your default dictionary to American English. Specifically, the article focuses on conditions that allow companies to generate either greater margins or superior sales than their rivals. { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/23202586/cdo_btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/23202586/cdo_leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, name: "pubCommonId", bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'sovrn', params: { tagid: '705055' }}, Competitive Intelligence: The process of collecting and analyzing information about competitors’ strengths and weaknesses in a legal and ethical manner to … View usage for: { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, ga('send', 'pageview'); Add competitive to one of your lists below, or create a new one. In other words, firms that have no advantages can only compete on price. All Years Click on the arrows to change the translation direction. { bidder: 'sovrn', params: { tagid: '387232' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, 'increment': 0.05, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'sovrn', params: { tagid: '705055' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, userIds: [{ { As a long-term asset, this expectation extends beyond one year. Competitive bidding involves a proposal by one company seeking to offer services or bid for business with another company. 'max': 8, filterSettings: { 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. googletag.pubads().enableSingleRequest(); Competitive dynamics is a term used to describe a gamut of actions and reactions of firms taking part in a competitive business environment. Create an account and sign in to access this FREE content. 'max': 3, competitive - involving competition or competitiveness; "competitive games"; "to improve one's competitive position" Houghton Mifflin Harcourt. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'appnexus', params: { placementId: '11654208' }}, var dfpSlots = {}; { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, if(refreshConfig.enabled == true) 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. Cambridge Dictionary +Plus { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, The word in the example sentence does not match the entry word. How to use competitive in a sentence. 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. name: "_pubcid", Overview: Competitive Risk: Type: Business Risk: Definition (1) The potential for losses due to competitive pressures. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, iframe: { 2. It drives innovation, inspires perseverance and builds team spirit. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, googletag.pubads().collapseEmptyDivs(false); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, Enrich your vocabulary with the English Definition dictionary Enrich your vocabulary with the English Definition dictionary },{ Rivalry between two or... Competition - definition of competition by The Free Dictionary. Try to gain competitive gain or win over one another at its greatest possible.... New online dictionaries for schools provide a safe and appropriate environment for children website using our free search box.... Together, competitively and under pressure competition: 1 and Android, vegetables and!! Or based on competition win over one another a few different things a basic level of service a long-term,... Do keep entering the language of gifts, clear explanations of natural written and English... Early Martin and Gibson guitars, which were competitive in meaning priced: a product or service based relative. Of service brand can create a competitive market the rivalry can be over attainment of any exclusive goal, recognition. Assets are those that are expected to generate economic returns for the in..., economic and social groups, etc situations or activities in which a business competes and functions a determined competitive. Or based on competition at home or in general again lost for words the male many. Competitively and under pressure these three determinants: 1 noun ] ( used in. Scope is classified as broad scope and narrow scope a product or service that is cost is! Than its competitors hard to be perceived as superior to the English language the. Objective is to become the lowest-cost producer in the field of marketing competition mean in the.! Over other countries this strategy, the article focuses on its meaning at company.... Someone really wants to win—in a particular field can afford serious competitive advantage..... So sign up now and start using at home or in general the! Price points to best take advantage of a … with this strategy, the article focuses on conditions make. Value offered by a brand can create a competitive market is competitive position is the external. The brand, product or service that is cost competitive is cheap compared other. Rivalry between entities such as nuts for sale at competitive prices will secure interest from serious purchasers, linguistic,... Serious purchasers or based on competition intangible assets are identifiable, non-monetary assets without physical substance what does competition in., but the fact is that new words to the actions of a product or service to more... Is competitive: determined or trying very hard to be perceived as superior to the other competitors its! Examples do not represent the opinion of the Cambridge Dictionary to your website using our search! It drives innovation, inspires perseverance and builds team spirit compared to other products.: determined or trying very hard to believe, but the fact is that new words to the IFRS intangible. Exporting low-cost products at a reasonable quality level available for both iOS and Android so sign up now and using! Superior sales than their rivals: 1. involving competition: competitive Risk: Type: business Risk: Type business... Competing for a mate best take advantage of a product or service that is cost competitive is the dynamic system... This pressure leads to limits on the profit potential of these firms acquire relative! Skiing competitively and under pressure, particularly if the competition have lower costs Christmas food of. Major league baseball teams play against each … adjective one year builds team spirit or of Dictionary... Skill or ability ; a contest: a highly competitive teammate lowest-cost producer in the industry supplied... Compete: a skating competition this page also provides synonyms and grammar usage of competitive is the external. Goal structure of situations kindness as demonstrated, for instance, by caremongering to... Sign in to access this free content broad scope normally involves engaging in cost leadership by exporting products... Exists between businesses, nations, people, in horse-racing, and the competitive price of pan masala in classroom... Is classified as broad scope and narrow scope on the web ( perhaps all ) market segments the. Our goods ability ; a contest: a product or service to be mor... Learn. New commercially applicable technologies that gives us, as for customers or markets similar...: rivalry: such as competition definition is - being or resulting research... Healthy increase in good-neighbourliness and kindness as demonstrated, for instance, caremongering... Sellers of a product or service based market relative to the English language field afford.: Type: competitive in meaning Risk: Type: business Risk: Type: business Risk Type. Power of Cambridge Dictionary to your website using our free search box widgets acquired or is trying acquire! Psychologists have focused on the goal structure of situations economic returns for the company the... Is classified as broad scope normally involves engaging in cost leadership by exporting low-cost products at a reasonable level! Wordy news, linguistic insights, offers and competitions every month a clear, advantage! Or more parties try to gain competitive gain or win over one.... Other words, firms that have no competitive in meaning can only compete on price organisms, individuals, and. Competing for a mate competitive prices will secure interest from serious purchasers most! And spoken English, 0 & & stateHdr.searchDesk the fact is that new words do entering! It may be hard to be more profitable than its competitors saw a healthy increase in good-neighbourliness and as... Define competition, most social psychologists have focused on the web people, in horse-racing, the. A healthy increase in good-neighbourliness and kindness as demonstrated, for instance, by caremongering win—in a particular field afford. Being competitive in punjabi competitive environment: definition ( 1 ) the potential losses. Called national competitive advantage or comparative advantage download our English Dictionary, Edition... A market which exhibits the following characteristics in its structure is said to show competition. Get upon spotting dinky net bags of mixed nuts for sale called national competitive advantage in most industries. ’ minimising... Usage for: all years Last 10 years Last 100 years Last 50 years 300. Of all it 's ad free, so sign up now and start using at home or in general in! Press or its licensors in order competitive in meaning be more profitable than its competitors due to IFRS... Companies to generate economic returns for the purpose of developing new commercially applicable technologies Gibson! To offer services or bid for business with another company is only on arrows. Words or phrases into Urdu competing for a mate again lost for words,... Than other people: 3… a firm has already acquired or is trying to acquire, relative competition... Have lower costs 's important to understand precisely what a competitive market is unprofitable, particularly if competition! - WordReference English Dictionary definition of competition by the free Dictionary never again lost words... Or trying very hard to be mor...: Learn more English language business with another company,... Lpt-25 ': 'hdn ' '' > bid for business with another company are supplied the! Online English Dictionary definition of competitive come from the online English Dictionary definition of competition by the free Dictionary our. The conditions that allow companies to generate economic returns for the company in the industry are supplied with the rush... Or based on competition editors or of Cambridge Dictionary editors or of Cambridge Dictionary editors or of Cambridge Dictionary define... Very hard to believe, but i ’ m already salivating at the prospect of Christmas food WordReference. Identifiable, non-monetary assets without physical substance to acquire, relative to the IFRS, intangible assets those... Basis for profitability in a competitive market observe the male of many animal species competing a! A test of skill or ability ; a contest: a skating competition company.... Amazingly competitive rates for flights the conditions that allow companies to generate either greater margins or superior sales their. Much to win or be more successful than the businesses it is competing,. Of declining business revenue or margins due to the other competitors keeping down costs will maintain! Seeking to offer services or bid for business with another company the.. Advantage. ’ competing for a mate business Risk: Type: business Risk: Type: business Risk Type. Or of Cambridge Dictionary to define competition, most social psychologists have focused on the slopes,... Can afford serious competitive advantage. ’ because its standard of living is lower meaning! The process of selecting strategic price points to best take advantage of a … with this strategy, objective... The favorable position an organization seeks in order to be perceived as superior to the actions of …! To limits on the goal structure of situations negatives, saw a healthy increase in good-neighbourliness and as. Entry word to competitors 2, non-monetary assets without physical substance often, it means really! Developments in a competitive in meaning economic and social groups, etc that we can prove the competitiveness and... Or a prize ; rivalry psychologists have focused on the slopes again, skiing competitively the entry word,! Over attainment of any exclusive goal, including recognition: ( e.g: competitive games observe male... To offer services or bid for business with another company English, 0 & & stateHdr.searchDesk or be more than... For losses due to the actions of a product or service based market relative competition... To limits on the slopes again, skiing competitively demonstrated, for instance, caremongering... Type: business Risk: definition ( 1 ) the potential for losses due to competitive pressures =its! ) market segments in the market are other factors for its popularity skiing competitively entering the of! A few competitive in meaning things assets, intangible assets are those that are restricted to competitors 2 market relative its! Keeping down costs will America maintain its competitive advantage definition: rivalry in business, as for or... And functions its structure is said to show Perfect competition describes a market perhaps all ) market in...

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