Kilpailukyvyltään

Kilpailukyvyltään is a Finnish word that translates to "in terms of competitiveness" or "regarding competitiveness." It is an adverbial form derived from the noun kilpailukyky, which means competitiveness or competitive ability. This term is frequently used in economic and business contexts to describe how well a company, industry, or even an entire nation can compete in a given market.

When discussing kilpailukyvyltään, various factors are considered. These can include the cost of production, the quality of goods and services, technological innovation, labor productivity, access to raw materials, and the regulatory environment. For instance, a country might be described as having strong kilpailukyvyltään if its exports are in high demand due to favorable pricing and superior quality. Conversely, a company might be struggling with its kilpailukyvyltään if its products are priced too high or are of lower quality compared to its rivals.

The assessment of kilpailukyvyltään is crucial for strategic decision-making. Businesses use it to identify areas for improvement, while governments may use it to formulate policies aimed at enhancing national economic performance. Changes in factors affecting kilpailukyvyltään can lead to shifts in market share, employment levels, and overall economic growth. Therefore, understanding and monitoring kilpailukyvyltään is a continuous process for entities operating in a globalized economy.