competitive
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competitive
Having the ability to hold one's own successfully against competitors in economic, athletic, or other forms of competition.
Um auf dem globalen Markt wettbewerbsfähig zu bleiben, muss das Unternehmen in neue Technologien investieren.
To remain competitive in the global market, the company must invest in new technologies.
The word is derived from the noun 'der Wettbewerb' (competition). The ending '-fähig' means 'able to' or 'capable of.' So 'wettbewerbsfähig' (competitive) literally means 'able to take part in competition.'
Durch die neue Maschine ist die Produktion nun deutlich wettbewerbsfähiger.
Thanks to the new machine, production is now significantly more competitive.
'Wettbewerbsfähig' (competitive) is a key term in business and politics. You often hear and read it in the news, specialist articles, and discussions about companies, markets, and the economy.
Die Regierung diskutiert Maßnahmen, um die heimische Industrie wettbewerbsfähig zu halten.
The government is discussing measures to keep domestic industry competitive.
This adjective is very often combined with the verbs 'sein' (to be), 'bleiben' (to remain), and 'machen' (to make). 'Wettbewerbsfähig bleiben' (to remain competitive) emphasizes the goal of maintaining competitiveness over time.
Kleine Geschäfte müssen kreativ sein, um wettbewerbsfähig zu bleiben.
Small shops have to be creative in order to remain competitive.
competitive
Both words describe someone’s ability to hold their own successfully in a competition. Konkurrenzfähig places more emphasis on comparison with specific competitors, whereas wettbewerbsfähig refers to the general ability to take part in competition. Konkurrenzfähig is often appropriate for a direct comparison, while wettbewerbsfähig is more suitable for a general assessment.
Die neue Technik macht unser Unternehmen auf dem internationalen Markt wettbewerbsfähig.
The new technology makes our company competitive in the international market.
Mit diesem Preis bleibt unser Produkt gegenüber den anderen Anbietern konkurrenzfähig.
At this price, our product remains competitive with those of the other suppliers.
