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Preferred term

competitiveness  

Definition

  • The competitiveness of business is a function of a number of variables that are affected by public policies. Some determinants of competitiveness, such as the ability of management to allocate resources strategically, are primarily a function of private decisions, rather than public policy. [Source: Encyclopedia of Governance; Competitiveness]

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https://concepts.sagepub.com/social-science/concept/competitiveness

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