La competencia
Example: La competencia entre empresas mejora la calidad del servicio.
Definition
"La competencia" in finance refers to the rivalry between businesses striving to attract customers and improve their market position. It often drives innovation, better quality, and competitive prices, benefiting consumers. For example, "La competencia entre empresas mejora la calidad del servicio" highlights this effect.
Etymology
"La competencia" comes from the Latin word 'competentia,' meaning 'rivalry' or 'suit,' originating from 'competere,' which means 'to strive together' or 'to meet.' Did you know? The term originally had legal connotations before evolving into its modern sense of business rivalry.
Learn to use this word actively
"La competencia" appears in the Vocaplus list "Spanish - Finance - (A1-C2) - set 1", containing 150 commonly used words.
Would you like to not only understand these words, but also remember them and use them actively? Create a free account and select Spanish as the language you want to learn.
Create a free account
