Coutries and Their Competitiveness

Coutries and Their Competitiveness

Definition
Ability of a firm or a nation to offer products and services that meet the quality standards of the local and world markets at certain prices
Competition plays crucial role in sustainable development of economy, welfare and technological progress.
The success of cuntries is based on building and enhancing of competitive advantages. The
competitive advantages can be dividing on static (we can also say hard) and dynamic (we can
also say soft).
Static competitive advantages cannot be changed.
Typical static competitive advantages are: natural conditions, demographic structure, and geography.
Dynamic factors are factors that can be changed.
Dynamic factors include: strategic approach to regional development, coordination of activities in region, creation of strategically-oriented development plans and support of strategic partnership between various subjects in region....