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Among many different definitions of competitiveness it is difficult to pinpoint the most appropriate one. In the paper it was defined as the ability to be profitable by effective use of available resources. The profitability ratios (ROS, ROA, ROE and value index) were proposed as measures of competitiveness and resources were indicated as one of the group of factors that has an impact on it. Precisely,...
Among many different definitions of competitiveness it is difficult to pinpoint the most appropriate one. In the paper it was defined as the ability to be profitable by effective use of available resources. The profitability ratios (ROS, ROA, ROE and value index) were proposed as measures of competitiveness and resources were indicated as one of the group of factors that has an impact on it. Precisely,...
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