competitive price

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• competitive — com‧pet‧i‧tive [kəmˈpettɪv] adjective COMMERCE 1. used to describe situations and behaviour in which businesses are trying very hard to be more successful than others, for example by selling their goods or services more cheaply than others: •… …   Financial and business terms

• price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… …   Financial and business terms

• price — /praɪs/ noun 1. money which has to be paid to buy something ♦ competitive price a low price aimed to compete with a rival product ♦ to sell goods off at half price to sell goods at half the price at which they were being sold before ♦ cars in the …   Marketing dictionary in english

• price — /praɪs/ noun money which has to be paid to buy something ♦ asking price price which the seller is hoping to be paid for the item when it is sold ♦ competitive price a low price aimed to compete with a rival product ♦ to sell goods off at half… …   Dictionary of banking and finance

• competitive — /kəm petɪtɪv/ adjective which competes fairly ♦ a competitive price a low price aimed to compete with a rival product ♦ competitive products products made to compete with existing products ▪▪▪ ‘…the company blamed fiercely competitive market… …   Marketing dictionary in english

• competitive — /kəm petɪtɪv/ adjective 1. involving competition 2. intended to compete with others, usually by being cheaper or better ♦ competitive price a low price aimed to compete with a rival product ♦ competitive product a product made or priced to… …   Dictionary of banking and finance

• competitive — [[t]kəmpe̱tɪtɪv[/t]] ♦♦♦ 1) ADJ GRADED Competitive is used to describe situations or activities in which people or firms compete with each other. Only by keeping down costs will America maintain its competitive advantage over other countries...… …   English dictionary

• competitive — competitively, adv. competitiveness, n. /keuhm pet i tiv/, adj. 1. of, pertaining to, involving, or decided by competition: competitive sports; a competitive examination. 2. well suited for competition; having a feature that makes for successful… …   Universalium

• competitive — com•pet•i•tive [[t]kəmˈpɛt ɪ tɪv[/t]] adj. 1) of, pertaining to, involving, or decided by competition 2) well suited for competition: a competitive price[/ex] 3) having a strong desire to compete or to succeed • Etymology: 1820–30… …   From formal English to slang

• price war — /ˈpraɪs wɔ/ (say pruys waw) noun a fiercely competitive price cutting battle, usually among retailers …  

• Competitive heterogeneity — is a concept from strategic management that examines why industries do not converge on one best way of doing things. Microeconomics predicts that competition will result in industries composed of identical firms offering identical products at… …   Wikipedia