THEORETICAL FOUNDATIONS AND WAYS TO INCREASE COMPETITIVENESS IN THE ECONOMY
Keywords:
Competitive relations, profitability, monopoly, resources, innovative task, profit, principles and methods, globalization, competitive advantages, effective innovation, increasing the competitiveness, macroeconomic stability, global competitiveness.Abstract
Competitiveness is the capability a country or company has to achieve profitability in the market in relation to its competitors. Competition is a multifaceted economic phenomenon that expresses a complex relationship between all subjects of the market. The article provides an explanation of the role of effective competition in the economy and the improvement of competitive relations.
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2023-03-27
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How to Cite
THEORETICAL FOUNDATIONS AND WAYS TO INCREASE COMPETITIVENESS IN THE ECONOMY. (2023). American Journal of Technology and Applied Sciences, 10, 18-20. https://americanjournal.org/index.php/ajtas/article/view/533