What Is Competitive Advantage?

What is Competitive Advantage? A definition - competitive advantage 7 Strategies to Define your Competitive Advantage · Cost Leadership Strategy · Differentiation Strategy · Innovative Strategy · Operational Effectiveness competitive advantage Having a competitive advantage helps businesses achieve higher levels of profitability It means they can charge more competitive prices, increasing profits as

competitive advantage Competitive advantage is created by using resources and capabilities to achieve either a lower cost structure or a differentiated product A firm positions