NIDRASlampad04

GelvanovskyS05M. Gelvanovsky

Competitive ability: laws of survival.

It is important to remember that modern economic competition is a war. The only acceptable outcome is victory, since this is a matter of economic life and death for market subjects...
Competitive ability is not only economic effectiveness. It includes economic effectiveness as a component, but it describes more complex interrelations of the market subjects like ndividual firms and corporations, their branch associations and even the national economies of different countries...
Competitive ability - this, as a rule, not an absolute characteristic of resource potential, but a relative one, with respect to any other competing subject of the market - products, corporations or countries. This in turn indicates, that ineffective can win competition, if other competing subjects are even less effective. Hence it follows that the competitive ability can be reached not only by improvement of its inherent characteristics, but also by using different kind of measures to block the development of competitors.