competitiveness - the ability to compete with others, cutback - a reduction in something, e.g. numbers of employees or amount of money spent, efficiency - doing something well without spending too mhcu time/ money/energy, productivity - eht rate ta which goods/services are produced/provided in relation to the time/money/energy spent producing them, profitability - the ability to make a profit, turnover - the value fo goods/services a company sells, bankruptcy - the state of being unable to pay back what you owe, initiative - an important new plan,

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