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What is Competitiveness

Handbook of Research on Expanding Business Opportunities With Information Systems and Analytics
Competence of an organization or country to produce and sell products/services that meet the quality of the markets at the same or lower prices and maximize returns on the resources consumed in producing them.
Published in Chapter:
Information Strategy: Implementing and Managing a Digital Strategy in a Portuguese Company
Sérgio Maravilhas (Universidade Salvador, Brazil), Paulo Melo (Universidade Salvador, Brazil), and Sérgio Goes Oliveira (Universidade Salvador, Brazil)
DOI: 10.4018/978-1-5225-6225-2.ch011
Abstract
In this chapter, the implementation of an information strategy project in a Portuguese real estate company is analyzed. This involves its framing—historical and socio-economic—and a brief description of the activity sector in which the company operates. Several well managed projects have been developed to improve the competitive position of the company, but without focus all the activities lose strength because they might not reach their proposed targets. Some tools to identify the information needs of business activity developed are described, as well as the role of information as a promoter of competitive advantages. Social media tools were utilized and proved to be a great strategic decision. To conclude, a few reminders of the factors to consider in developing the information strategy to implement and that information management without a strategy could result in several diversified decisions without any positive consequence for the organization.
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Knowledge Management and the Competitiveness of Learning Organizations
The ability of a firm to offer, in relation to its competitors, products of higher value at equal or lower-cost and to build competitive positions that enable superior economic performance.
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Global Market Trends
The set of institutions, policies, and factors that determine the level of productivity of a country; a more competitive economy is one that is likely to grow faster over time.
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Strategy From Human Talent
Position of superiority in the market in which the competitive advantage is taken advantage of.
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Information Quality and Value
Competence of an organization or country to produce and sell products/services that meet the quality of the markets at the same or lower prices and maximize returns on the resources consumed in producing them.
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Understanding Actual Socio-Economic Behavior as a Source of Competitive Advantage: The Role of Experimental-Behavioral Economics in Innovation
The ability and performance of a firm, to sell and supply goods and services in a given market, in relation to the ability of other firms or countries.
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The Influence of SHRM and Organizational Agility: Do They Really Boost Organizational Performance?
In this chapter ‘competitiveness’ is related to organizational effectiveness that determined by managerial and operational growth of an organization that satisfies to fulfil the organizational performance development requirements.
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Post-Pandemic Restorative Talent Management Strategy for SME Development
Act of competing for some honor, or advantage. A rivalry between two or more persons or groups for an object desired in common, usually resulting in a victor and a loser but not necessarily involving the destruction of the latter. The need for global competitiveness is much important for any industry to sustain in this competitive world.
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Accelerating the Adoption of Industry 4.0 Industrial Digital Technologies in the Manufacturing Business Value Chain
Is the ability of an economy to compete fairly and successfully in markets for internationally traded goods and services that allows for rising standards of living over time.
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Strategic Elements of Sustainable Supply Chain Management
Act of competing for some honor, or advantage. Rivalry between two or more persons or groups for an object desired in common, usually resulting in a victor and a loser but not necessarily involving the destruction of the latter. The need for global competitiveness is much important for any industry to sustain in this competitive world.
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Characterization of Companies Based on Willingness to Innovate and Competitiveness
Capacity to compete. In business field, it is considered the capacity of a company to obtain profitability in the market compared to its other competitors.
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Market and Entrepreneurial Orientation Strategies in the Wood Furniture Industry in Mexico
An organizations ability to deliver value and quality through their products or services.
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Drivers of Global Competitiveness and Economic Growth
Competitiveness, at regional and/or country level, is based on the ability to compete in the global market. It can be understood as a set of institutions, policies and factors, embedded in networks of innovation and entrepreneurship, able to determine the level of productivity of an economy, wealth creation, job creation, capture and return of investment, economic growth and social welfare.
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Impacts of Economic and Institutional Dynamics on New Media Applications Penetration: Sample Country Analysis
Ability to provide facilities in an efficient way. It refers to sustainability, success and efficiency for economic agents.
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Implementing and Managing an Information Strategy Project: The Case of a Real Estate Broker Organization
Competence of an organization or country to produce and sell products/services that meet the quality of the markets at the same or lower prices and maximize returns on the resources consumed in producing them.
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New Features of Higher Education Competitiveness in Terms of University-Industry Collaboration
The ability to compete successfully with other companies, countries, or organizations.
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Green Supply Chain Integration in Automotive Industry
The ability to offer products and services to meet the quality standard of the market, maximize the utilization of all the resources and provide adequate returns.
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Human Capital in Tourism: A Practical Model of Endogenous and Exogenous Territorial Tourism Planning in Bahía Solano, Colombia
The ability of a tourism destination (in this case) to compete. According to The World Economic Forum (2019) , competitiveness in this sector relates to factors that enable the environment such as institutions and infrastructure, human capital factors such as skills, market enablers such as market size and product market, and innovation ecosystem, including business dynamism and innovation capability.
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Competitiveness Factors of Accessible Tourism E-Travel Agencies
Is the ability of a company to develop competitive advantage/s that differentiate/s it from its competitors, obtaining an advantageous position.
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Competitiveness in Colombian MSMEs: Analysis of Best Business Practices
Is defined as the degree to which under open market conditions, a country can produce goods and services that meet the test of foreign competition while simultaneously maintaining and expanding domestic real income (Reinert, 1995).
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Lesotho, a Tourism Destination: An Analysis of Lesotho's Current Tourism Products and Potential for Growth
Ability and performance of a firm, sub-sector or country to sell and supply goods and services in a given market, in relation to the ability and performance of other firms, sub-sectors or countries in the same market.
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Nation Branding, in What Context?: Spatial Competitiveness and Attractiveness
The ability of an organization to perform better in broadly conceived innovational terms than other related organizations at all levels (local, regional, national, global).
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Strategic Information Management: Implementing and Managing a Digital Project
Competence of an organization or country to produce and sell products/services that meet the quality of the markets at the same or lower prices and maximize returns on the resources consumed in producing them.
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Collaboration: The Path to SME Performance Increase – A Case Study in a Portuguese Wine Region
Competitiveness is the characteristic or ability of any organization to achieve its mission, more successfully than competing organizations goods. Markets tend to be balanced by the law of supply and demand.
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Factors Influencing Nascent Entrepreneurship Across Countries: An Evolutionary Perspective
The set of institutions, policies, and factors that determine the level of productivity of a country.
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Implications of Blockchain Technology- Based Cryptocurrency in the cloud for the Hospitality Industry
Being competitive means that a person, group, business, or country can consistently do better than rivals in a particular market or industry. It measures how well a company can make goods or provide services more quickly, creatively, and cheaply than its rivals, giving it an edge. Many different things go into making a business competitive, such as quality, productivity, innovation, adaptability, market share, and overall performance.
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International Competitiveness of Niche Agricultural Products: Case of Honey Production in Serbia
An ability of a firm or a nation to offer products and services that meet the quality standards of the local and world markets at prices that are competitive and provide adequate returns on the resources employed or consumed in producing them.
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Smart Cities: How Can Low-Density Territory Populations Be Smart Tourist Destinations? The Case of Guarda
According to Cronjé and Plessis (2020) AU124: The in-text citation "Cronjé and Plessis (2020)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. “most of the research conducted on tourism destination competitiveness are based on the work of Porter, but prior to this, the issue of competitiveness was developed as a scientific discipline by Smith in the late 70's. Due to the reason that tourism is primarily a service driven industry, tourism researchers had to adjust definitions, develop new models and identify factors that would be applicable to the tourism industry. Crouch and Ritchie (1999) developed the concept of destination competitiveness and, according to the authors, it consists of the ability of a given destination to provide higher quality tourism experiences compared to other destinations.
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Leadership and Competitiveness: A Winning Equation for Companies With Global Purpose
The ability of an organization to stand out and stay in the first places through the advantages it has intentionally achieved in developing a market.
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Impact of Global Pattern on the EU Economic Growth and Urbanization
Ability of a firm or a nation to offer products and services that meet the quality standards of the local and world markets at prices that are competitive and provide adequate returns on the resources employed or consumed in producing them.
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Environmental Sustainability to Support Competitiveness: From Theory to Practice
The set of strategies, policies and factors that determine the level of productivity of a company; competitive economies are most likely to be able to grow more sustainably and inclusively, meaning more likelihood that everyone in society will benefit from the fruits of economic growth.
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Evolutionary Modeling and Industrial Structure Emergence
Ability of economic agents (firms) to compete in the market by offering technologically advanced or cheaper products.
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Strategy for ICT Adoption in SMEs
Act of competing for some honor, or advantage. Rivalry between two or more persons or groups for an object desired in common, usually resulting in a victor and a loser but not necessarily involving the destruction of the latter. The need for global competitiveness is much important for any industry to sustain in this competitive world.
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Cultural Capital and Industrial Cluster Competitiveness: A Case Study of the Cibaduyut Footwear Cluster
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What are the Most Critical Factors for Competitiveness of a Tourism Destination?
The way the company’s business model interacts with its surrounding environment in the production of goods and services that add value.
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Steps to Success: Competitive Advantage of Modern Enterprises in Poland
The ability to compete and to generate advantage. The similar entities compete to gain an advantage the same or similar goals, at the same time and in the same environment.
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Organizational Culture: A Key Element for the Development of Mexican Micro and Small Tourist Companies
It is the capacity that the company has to compete in the market in different levels: local, national, international.
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Evaluation of Firm Performances in Emerging Markets
The capability of a country or a firm to achieve profitability in the market against its competitors.
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The European Union as a Major Trading Player in the Global Economy
The term does not have a single definition. It is, however mostly understood as the ability of firms, industries, regions or countries to reach their business / economic goals in rivalry with others.
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Governance for Higher Education Robustness: Case of Universities
Refers to having an advantage over competitors due to mainly low prices charged, or by offering products or services of superior quality. The competitive position of a university in relation to the other universities in the field, in which it functions ( Dimitrova & Dimitrova, 2017 ).
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The Caribbean Community: A Promise yet Unfulfilled
The degree to which a nation can compete with other inside or outside its common market.
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Implementing E-Marketing in Small and Medium-Sized Enterprises for Enhanced Sustainability
A company's capacity to successfully generate goods and services that meet the needs of the market.
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Evaluation of the Global Competitiveness Index (GCI) by Multi-Criteria Decision-Making Methods Based on Intuitionistic Fuzzy Sets: Comparative Analysis
It is defined as the set of institutions, policies, and factors that determine the level of productivity of a country.
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The Innovative Social Technologies and Their Impact on Knowledge Management Processes
Divided into competitive and comparative advantage means an attempt to get the economic hegemony in the global world.
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Talent Management and Sustained Competitive Advantage
Possession of the desire and ability to outperform comparable people organizations.
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Soft Skills as a Critical Success Factor in Project Management
Ability of private and public organizations to offer products or services that meet quality standards in local and global markets and thus ensure appropriate returns of profitability.
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Innovation and ICT: Key Factors of Successful Business
Competitiveness is the set of institutions, policies and factors determining a country’s productivity level. Therefore, competitiveness is the characteristic or ability of any organization to achieve its mission, more successfully than competing organizations goods.
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Technical Equipment of Agricultural Production: The Effects for Food Security
An ability of a particular object or entity to surpass competitors in a given environment.
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Regional Development via Entrepreneur Multi-Perspective Approach
Act of competing for some honor, or advantage. Rivalry between two or more persons or groups for an object desired in common, usually resulting in a victor and a loser but not necessarily involving the destruction of the latter. The need for global competitiveness is much important for any industry to sustain in this competitive world.
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Entrepreneurial Universities' Strategic Role in Accelerated Innovation for Regional Growth
In this chapter competitiveness, relates to the regional abilities, competences and performance of a region.
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The Relationship Between Competitiveness-Driven Factors and Travel and Tourism Policy: A Multilevel Study
The set of institutions, policies and factors that determine the level of productivity of a country.
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Strategic HRM and Organizational Agility Enable Firms to Respond Rapidly and Flexibly to the Changing Environment
In this chapter, the term competitiveness has been considered as the capability of a firm or organization that are willing to meet the organizational requirement and sustain in long-run as well to compete globally. From the organizational development point competitiveness can be reflected as managerial and operational competency.
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“Belt and Road” Initiative as a Development Chance for the Western Balkan Countries: The Case of Serbia
The ability of a country to produce goods and services that pass the test of the international market in free and equal market conditions, while retaining and increasing the real income of the population in the long run.
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Global Psychological Capital and Sustainable Competitive Advantage
Ability of a corporation to develop and offer unique products and services that surpassed the quality standards in domestic and global marketplace at reasonable prices.
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Factors Creating Competitive Advantage for Family-Owned Business
Act of competing for some honor, or advantage. A rivalry between two or more persons or groups for an object desired in common, usually resulting in a victor and a loser but not necessarily involving the destruction of the latter. The need for global competitiveness is much important for any industry to sustain in this competitive world.
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Green Human Resources and Its Implications on Green Organizational Social Responsibility and Organizational Green Image
The ability of companies, industries, regions, nations, or supra-national regions to generate, while being and remaining opened to international competition, high factor income and factor employment levels ( OECD, 1995 ).
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Cybersecurity in Connected Autonomous Vehicles: Navigating the Future of Transportation
In the realm of technology and cybersecurity, competitiveness denotes an organization's or a nation's ability to excel beyond its rivals in safeguarding information systems and data. This entails the development and deployment of cutting-edge cybersecurity methodologies, protocols, and technological advancements.
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“Smart City”: The Concept of Resolving the Contradiction Between Production and Urban Life
Pertains to the ability and performance of a firm, sub-sector, or country to sell and supply goods and services in a given market, in relation to the ability and performance of other firms, sub-sectors, or countries in the same market.
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