competitive advantage Definition

competitive advantage

Definition

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.

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competitive advantage is ...
... part of the Business subject.

Related Terms

monopoly - More

industrial espionage -

goodwill - More

trade secret, economic moat

competitive advantage appears in the definitions of these other terms on BusinessDictionary.com

value chain, core competencies, value chain analysis, core rigidities, corporate venturing, and

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