0 a product or service that is cost competitive is cheap compared to other similar products, or services:
Nonetheless, it was fundamental to the idea of cost-competitive, customercentered production.
This estimate represents a reduction of some £2.4 million from last year's figure, reflecting the company's drive to cut overheads and become more cost-competitive.
The company judged it essential, in a fiercely competitive market, to remain cost-competitive if it was to compete effectively with rising imports.
Skills shortages are causing high labour mobility and wage inflation, in a cost-competitive environment.
There has to be a cost-competitive recognition of the environment in which the firms operate, but safety cannot be compromised to that extent against the background of those profit levels.
In areas where granite is available, it may be cost-competitive with concrete curb.
Using these techniques, the company states that lipid production could be increased several-fold, potentially making algal biofuels cost-competitive with existing fossil fuels.
As travel distance increases, the latter consideration becomes less of the total cost of operating an airliner and air travel becomes more cost-competitive.
