uncompetitiveness
noun as in strong fondness
Word Combinations
Example:The lack of innovation in the industry is an indication of the uncompetitiveness of the market.
Definition:An uncompetitive market occurs when companies in that market are not able to effectively compete with one another, leading to inefficiencies and potential market monopolies.
Example:The technology company faced uncompetitiveness due to its reliance on outdated systems, hindering its ability to catch up with more innovative competitors.
Definition:Uncompetitiveness within a company can be a result of outdated technology or poor corporate governance, making it difficult for the company to compete with more efficient competitors.
Example:The auto sector is currently grappling with uncompetitiveness as a result of stringent emission regulations and increased competition from electric vehicle manufacturers.
Definition:Uncompetitiveness in a sector can stem from various factors, such as regulatory barriers, lack of investment in infrastructure, or competition from emerging markets.
Example:The country's uncompetitiveness is a result of high labor costs and inflexible labor laws, which deter foreign investment and hinder economic growth.
Definition:Uncompetitiveness in an economy can manifest through high tax rates, labor market rigidities, or other structural factors, making it difficult for businesses to operate and thrive.
Example:The pharmaceutical industry's uncompetitiveness is primarily due to stringent regulatory requirements and high research and development costs.
Definition:Uncompetitiveness in an industry can lead to underperformance and instability, affecting the overall health of the industry and its participants.
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