How Do You Use Competitive Advantage in a Sentence

Indeed, their ability to deal with the bureaucracy is a competitive advantage. … Globally competitive firms knit together national competitive advantages to make things in the most cost-effective locations.

What is competitive advantage give example?

Competitive advantage is the favorable position an organization seeks in order to be more profitable than its rivals. … For example, if a company advertises a product for a price that’s lower than a similar product from a competitor, that company is likely to have a competitive advantage.

What is competitive advantage in your own words?

What Is a Competitive Advantage? Competitive advantage refers to factors that allow a company to produce goods or services better or more cheaply than its rivals. These factors allow the productive entity to generate more sales or superior margins compared to its market rivals.