Wettbewerbsfähig
Example: Das Unternehmen bleibt nur durch Innovation wettbewerbsfähig.
Definition
"Wettbewerbsfähig" describes the ability of a company, product, or person to compete successfully in a market or environment, often by offering better value, quality, or innovation than others. For example, a firm remains "wettbewerbsfähig" only through innovation.
Etymology
The German word "wettbewerbsfähig" combines "Wettbewerb" meaning competition, and "fähig" meaning capable or able. Together, it literally means 'capable of competition.' Did you know the concept emphasizes adaptability and strength in a competitive environment?
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"Wettbewerbsfähig" appears in the Vocaplus list "German - General - (C1) - set 1", containing 120 commonly used words.
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