competitive advantage


Condition which enables a company to operate in a more efficient or otherwise higher-quality manner than the companies it competes with, and which results in benefits accruing to that company.

Use this term in a sentence

It gave us a true competitive advantage over the competition and made us into a force to be reckoned with.

​ Was this Helpful? YES  NO 4 people found this helpful.

You should always look for any competitive advantage that you can so that you are in position to succeed quickly..

​ Was this Helpful? YES  NO 3 people found this helpful.

Our company's unparalleled dedication to providing personalized service has really given us a competitive advantage over similar businesses in the area.

​ Was this Helpful? YES  NO 7 people found this helpful.

Show more usage examples...

Mentioned in these terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
industrial policy goodwill