Competitiveness
/kɒmpɛtɪtɪvnəs/
Definitions
The ability of a company, person, or product to compete successfully.
/kɒmpɛtɪtɪvnəs/
The ability to compete successfully.
Their competitiveness in the market is unmatched.
💡 Simply: It's how well you can win against others. Like in a race, the person with more competitiveness is more likely to win!
👶 For kids: How good you are at winning a game or contest.
More Examples
The new product boosted their competitiveness.
How It's Used
"The company's competitiveness in the global market is crucial for its success."
"Increased competitiveness often leads to lower prices for consumers."
From "competitive" + "-ness", ultimately deriving from the Latin "competere" (to be fit, suitable, strive). The suffix "-ness" indicates a state or quality.
The word's usage has increased significantly with the rise of globalization and intense competition in various markets.
Memory tip
Think of a competition – the ability to be 'competitive' is 'competitiveness'.
Word Origin
"to strive, to be suitable"