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
competitive advantagenoun
something that places a company or a person above the competition
Wikipedia
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.
Numerology
Chaldean Numerology
The numerical value of competitive advantage in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of competitive advantage in Pythagorean Numerology is: 5
Examples of competitive advantage in a Sentence
When you're in the door, when the next opportunity comes in, you have the competitive advantage, the reality is if you are the primary contractor in a certain space, people will turn to you for ideas and opportunities going forward. The growth is potentially unlimited.
Through decades of investments, innovation, and expertise, we have built a global portfolio that serves as the foundation of our competitive advantage. Our focus is to build on this foundation and continue creating long-term value for our stockholders.
It's really due to a deep-seated need to transition for personal reasons, it's not like they're trying to get some competitive advantage in amateur competitions.
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.
The fact that Huawei is not just a network equipment provider but also a smartphone manufacturer ... gives them a competitive advantage for 5G. It is also a double-edge sword as some argue the security risks are higher.
Translations for competitive advantage
From our Multilingual Translation Dictionary
- WettbewerbsvorteilGerman
Get even more translations for competitive advantage »
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"competitive advantage." Definitions.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.definitions.net/definition/competitive+advantage>.
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