Key aspects of an organization’s competitiveness
https://doi.org/10.53315/2949-1177-2023-2-4-82-88
Abstract
The key aspects that an organization studies within economic relations are the market and competitors. Organizations analyze the supply and demand for goods and services to determine their competitive position. They study market share, trends, and trends to adapt their strategy and stay relevant.
Competitive analysis allows an organization to identify its main competitors, their strengths and weaknesses. This helps in developing effective marketing strategies to attract more customers and retain them. Organizations also study competitors to understand their pricing, marketing activities and innovations to stay one step ahead.
About the Authors
K. A. Naminova
Kalmyk State University named after B.B. Gorodovikov
Russian Federation
Russian Federation
Candidate of Economic Sciences, Associate Professor
Elista
K. I. Makaeva
Kalmyk State University named after B.B. Gorodovikov
Russian Federation
Russian Federation
Candidate of Economic Sciences, Associate Professor
Elista
E. S. Boskhaeva
CHDOU «Semushka»
Russian Federation
Russian Federation
The teacher is a speech therapis
Elista
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Review
For citations:
Naminova K.A., Makaeva K.I., Boskhaeva E.S. Key aspects of an organization’s competitiveness. Economic policy and financial resources. 2023;2(4):82-88. (In Russ.) https://doi.org/10.53315/2949-1177-2023-2-4-82-88
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