Final answer:
Cost competitiveness is a company's ability to produce goods or services at a lower cost compared to its competitors.
Step-by-step explanation:
Cost competitiveness refers to a company's ability to produce goods or services at a lower cost compared to its competitors. It means that the company can offer its products or services at a competitive price without sacrificing quality. For example, if a company can produce a product more efficiently, it can lower its production costs and potentially offer lower prices to consumers.