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The drivers of the competitiveness of firms in the non-financial sector: Evidence from Nigeria

The effect of globalization and the need to meet the increasing varieties of customer needs require that contemporary businesses should achieve a competitive advantage. In addition, the number of the companies that folded up during and after the 2008 economic crisis and the 2015 economic meltdown signaled to the surviving ones the need to increase their level of competitiveness in their industrial sectors, which then led us to the question, ‘How can firms be made competitive?’ M. Porter (1999) strives to answer this question by positing that being competitive requires businesses to develop an increasing interest in the key strategic management processes and operations, Original scientific paper UDC: 005.21:339.137(669.1) doi:10.5937/ekonhor2002107A