loss of competitiveness

USAGE SUMMARY

The phrase 'loss of competitiveness' is correct and usable in written English.
You could use this phrase in any context where someone or something is losing their ability to compete. For example, "The company recognized their loss of competitiveness had to do with their inability to innovate in the current market."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

So the real loss of competitiveness was even greater.

The Economist

Salaries must adjust so that the loss of competitiveness of the post-euro period is reverted.

The Guardian - Opinion

Resisting innovation will lead to loss of competitiveness in today's global economy.

Harvard Business Review

True, Europe may feel that it's suffering a loss of competitiveness.

The New York Times

The euro has brought benefits but also a loss of competitiveness.

The Economist

Portugal, the other country to seek help, has suffered a smaller loss of competitiveness.

The New York Times

It has had to cope with loss of competitiveness and has done so very successfully".

The New York Times

Ms. Merkel has expressed public concern about France's loss of competitiveness.

The New York Times

But the most urgent problem that Brazil needs to tackle is a sharp loss of competitiveness.

The Economist

Spain suffered a well-documented loss of competitiveness after it joined the euro in 1999.

The New York Times

And its loss of competitiveness has been every bit as bad as Spain's.

The Economist

Expert writing Tips

Best practice

When discussing "loss of competitiveness", specify the area or industry where the loss is occurring to provide context and clarity.

Common error

Avoid attributing "loss of competitiveness" to a single factor. It's usually a combination of internal inefficiencies, market changes, and competitor actions.

Linguistic Context

The phrase "loss of competitiveness" functions as a noun phrase, typically serving as the subject or object of a sentence. It denotes a decline in the ability to compete effectively. According to Ludwig, this phrase is grammatically correct and usable in written English.

Expression frequency: Very common

Frequent in

News & Media

67%

Science

18%

Formal & Business

15%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "loss of competitiveness" is a common and grammatically correct term used to describe a decline in an entity's ability to compete effectively. Ludwig AI confirms its usability in various contexts. It's frequently found in news, business, and academic settings, and is caused by factors like outdated technology or rising costs. Strategies to combat this include innovation and efficiency improvements. When using the phrase, ensure you specify the affected area for clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

declining competitiveness

This alternative directly replaces "loss" with "declining", maintaining the core meaning while using a different adjective.

erosion of competitive edge

This phrase replaces "loss" with "erosion" and "competitiveness" with "competitive edge", emphasizing the gradual weakening of a competitive advantage.

diminished competitive strength

This alternative uses "diminished" and "competitive strength" to convey a similar meaning, highlighting the reduction in power relative to competitors.

reduced ability to compete

This phrase restates the concept by focusing on the reduced capacity to participate effectively in competition.

fading competitive advantage

This phrase portrays the competitive edge as gradually disappearing or becoming less effective.

weakening market position

This alternative shifts the focus to the outcome of reduced competitiveness, namely a weaker position in the market.

impaired market performance

This alternative describes how competitiveness translates to performance in market.

struggling to maintain competitiveness

This phrase highlights the effort required to avoid a "loss of competitiveness", suggesting an ongoing challenge.

slipping in the rankings

This describes a situation of the market, of a product, etc

underperforming relative to competitors

This alternative rephrases the concept focusing to the underperforming situation.

FAQs

What factors typically contribute to a "loss of competitiveness"?

A "loss of competitiveness" can arise from various factors, including increased labor costs, lack of innovation, outdated technology, and changes in market demand. Addressing these issues often requires a multifaceted approach.

How can a company measure its "loss of competitiveness"?

Companies can measure their "loss of competitiveness" by tracking key performance indicators such as market share, sales growth, customer retention, and profitability relative to their competitors. Benchmarking against industry leaders can also provide valuable insights.

What are some strategies to regain competitiveness after experiencing a "loss of competitiveness"?

Strategies to regain competitiveness include investing in research and development, improving operational efficiency, enhancing customer service, and exploring new markets. Furthermore, embracing digital transformation and fostering a culture of innovation are crucial.

What can I say instead of "loss of competitiveness"?

You can use alternatives like "declining competitiveness", "erosion of competitive edge", or "weakening market position" depending on the context.