konkurransedyktige

Konkurransedyktige is an Norwegian adjective describing something that is capable of competing effectively in a market. It is commonly used about prices, offers, products or services that provide good value relative to other market participants. When something is described as konkurransedyktig, it signals that it can hold its own in comparison with alternatives.

In business and procurement the term is widespread. Konkurransedyktige priser, produkter eller tilbud indicate a favorable position in a price or value comparison. The concept encompasses more than low price; it also reflects factors such as quality, delivery terms, service, garantier and total cost of ownership. In public procurement, vendors strive to present konkurransedyktige tilbud to win contracts, balancing cost with expected value and risk.

Konkurransedyktighet is inherently contextual and somewhat subjective. What is konkurransedyktig in one market or period may not be in another, depending on customer needs, competitive landscape, technological development and economic conditions. It often drives continuous improvement, as firms seek efficiency, better quality or more attractive terms to maintain or gain competitive status.

Etymology and usage: the word combines konkurranse (competition) with the suffix -dyktig (capable/suited), indicating the ability to compete. The form is bøyes konkurransedyktige in plural and can modify nouns or stand as predicative. See also related concepts such as konkurranse, pris, tilbud, og markedsdynamikk.