What is competitive advantage?

What is competitive advantage? competitive advantage Delivering exactly what your competitors are delivering but at a lower price is one way to gain an advantage in the marketplace Conversely, competitive advantage A competitive advantage can be derived from a variety of sources, including cost advantages, innovation advantages, and customer loyalty

competitive advantage First, unlike measures such as profits and stock price, competitive advantage does not change based on random perturbations If a firm's competitive advantage

competitive advantage Strategies for Developing Competitive Advantage · Innovation: Developing new and unique products or services that meet customer needs and preferences · Quality A competitive advantage is anything that gives a company an edge over its competitors, helping it attract more customers and grow its market share