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Competitiveness relates to the profitability of an organization in the marketplace. (True/False)

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Final answer:

Competitiveness relates to the profitability of an organization in the marketplace.

Step-by-step explanation:

True. Competitiveness does relate to the profitability of an organization in the marketplace. When firms with better or cheaper products compete against a business, it can reduce the business's profits and potentially drive it out of business. This can also lead to workers losing income or even their jobs.

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