La concurrence
Example: La concurrence entre les entreprises stimule l'innovation technologique.
Definition
"La concurrence" refers to the economic rivalry between businesses or entities striving to gain a larger share of the market, attract customers, or achieve better performance. It encourages innovation and efficiency, as illustrated by the phrase: 'La concurrence entre les entreprises stimule l'innovation technologique.'
Etymology
The term "la concurrence" comes from the Latin word 'concurrentia,' meaning 'running together' or 'rivalry.' It entered French through Old French, reflecting the idea of competing forces or parties striving toward the same goal. Did you know? The word captures the dynamic nature of market interactions where multiple players compete simultaneously.
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"La concurrence" appears in the Vocaplus list "French - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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