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Global competitiveness and exchange rates

Global competitiveness and exchange rates

Flowchart showing how pound appreciation and depreciation affect UK exports, imports, costs and competitiveness

Global competitiveness is a firm's ability to win sales, market share and profit against overseas rivals. A business can be competitive because it is cheaper, but also because it is better branded, more reliable, more innovative, or higher quality.

Global competitiveness Lesson

  1. A Level
  2. /Business
  3. /Global competitiveness

Step-by-step lessons on Edexcel A Level Business Global competitiveness. Each one builds up to exam-style questions. Build up your knowledge of the core business functions first, then focus revision time on the strategy and evaluation-heavy topics, since these carry the most marks.

Lessons