versenyképessé

versenyképessé is a Hungarian word that translates to "competitive" or "made competitive." It is the plural form of the adjective "versenyképes." This term is often used in economic and business contexts to describe the ability of a company, industry, or nation to succeed in a market economy against rivals. Factors contributing to competitiveness can include innovation, efficiency, quality of products or services, cost of production, labor skills, and favorable regulatory environments.

When a company is described as versenyképessé, it implies that it possesses the necessary attributes to thrive and gain market share. Similarly, if a country aims to make its economy versenyképessé, it might implement policies aimed at improving infrastructure, education, or research and development to boost its global standing. The concept is dynamic, as what makes an entity competitive can change over time due to technological advancements, shifts in consumer demand, or the actions of competitors.

The process of becoming or remaining versenyképessé often involves strategic planning, investment, and adaptation. Businesses strive to be versenyképessé by offering better value, superior products, or more efficient services than their competitors. Nations pursue this goal to attract foreign investment, create jobs, and improve the overall standard of living for their citizens. It is a key aspiration in the globalized marketplace.