What is meant by Competitive Advantage?

What is meant by Competitive Advantage? competitive advantage Competitive advantages create higher value for an entity and its stakeholders because of certain conditions or strengths It becomes more competitive advantage Competitive advantage refers to the ways that a company can produce goods or deliver services better than its competitors

competitive advantage A competitive advantage is what sets an organization apart from its competitors, allowing it to generate greater sales or margins and retain

competitive advantage Sources of Competitive Advantage · 1 Product Attribute Differentiation · 2 Customers' Willingness to Pay · 3 Price Discrimination · 4  We define competitive advantage as the degree to which a firm creates more economic value than rival firms in a given product market,