Competition: what does it mean?
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Examines a modern approach to competitiveness and describes current phenomena which have altered the principles which underlie competitive success. Discusses the meaning and implications of several key competitive principles including market‐driven strategies, time‐based competition, global competition, competition based on core competences and learning. Emphasizes the significant role of benchmarking and presents a model that positions benchmarking as a strategic tool for modern competitiveness.
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