What does competitive advantage mean?

Definitions for competitive advantage
com·pet·i·tive ad·van·tage

This dictionary definitions page includes all the possible meanings, example usage and translations of the word competitive advantage.

Wiktionary

  1. competitive advantagenoun

    something that places a company or a person above the competition

Wikipedia

  1. Competitive advantage

    In business, a competitive advantage is an attribute that allows an organization to outperform its competitors. A competitive advantage may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location, high entry barriers, and access to new technology and to proprietary information.

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Numerology

  1. Chaldean Numerology

    The numerical value of competitive advantage in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of competitive advantage in Pythagorean Numerology is: 5

Examples of competitive advantage in a Sentence

  1. David Hendler:

    If you want to reduce the pain for the staff in Germany, you have to cut more in New York and, maybe, London also. Deutsche Bank does not have a competitive advantage in investment banking in the United States.

  2. Mike Sullivan:

    We felt as though, if we were a team that could play fast in every aspect of the game, that could be our competitive advantage on some of our opponents, i thought Jim Rutherford did a tremendous job in acquiring some guys along the way that enhanced that speed for us.

  3. Andrew Cole:

    We've got a strong balance sheet, we've got cash and we produce in Australian dollars, which for us means the copper price is flat, this gives us a competitive advantage sitting here looking out across the globe, with most other companies under pressure from over-leveraged balance sheets.

  4. Martin Bachmann:

    For German oil and gas companies, technology is a competitive advantage, you can't be credible in the world, though, with a technology if you can't show you are using it at home.

  5. Brulte Co.:

    The biggest competitive advantage that TuSimple has over its competitors is that their technology was purpose-built for trucking. They're not trying to port an autonomy system built for passenger vehicles in dense urban environments to trucking or to build a virtual driver which can both drive passenger vehicles and class-8 trucks. These are different skills and different systems altogether.


Translations for competitive advantage

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"competitive advantage." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/competitive+advantage>.

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