E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 4, Issue 2, 2024

The Competitive Capacity of Enterprises Developing Social Housing: An Theoretical Approach

Author(s): Tran Thi Nga


Competition is a fundamental aspect of market economies, driving entities to utilize their strengths for market share, brand enhancement, and sustainable growth. The World Economic Forum defines national competitive capacity as macroeconomic efficiency, pivotal for sustainable growth and societal well-being. Sectoral competition, especially in social housing development, relies on product quality, market share, financial prowess, marketing strategies, management efficacy, and corporate responsibility. Evaluating competitive capacity involves assessing financial health, marketing capabilities, management quality, operational efficiency, and social responsibility. External factors like policies, culture, and economic conditions, alongside internal elements such as business strategy, human resources, and technological prowess, significantly impact competitive capacity. Effective risk management, technological innovation, and skilled leadership are crucial internal determinants. The integration of modern technology, efficient machinery, and construction equipment enhances productivity and product quality, bolstering a company's competitive edge. Understanding and evaluating these factors are vital for social housing enterprises to thrive in a competitive market landscape and contribute to societal well-being.

Keywords: Competition, Competitive, Market Share, Capacity, Marketing

Pages: 160-164

Download Full Article: Click Here