Difference between revisions of "Competitive Advantage"
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| − | ''' | + | Business Dictionary defines '''Competitive Advantage'''as a "superiority gained by an organization when it can provide the same value as its competitors but at a lower price, or can charge higher prices by providing greater value through differentiation." Competitive advantage results from matching core competencies to the opportunities.<ref>Definition: What is Competitive Advantage? [http://www.businessdictionary.com/definition/competitive-advantage.html Business Dictionary]</ref> |
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Revision as of 14:59, 12 February 2019
Business Dictionary defines Competitive Advantageas a "superiority gained by an organization when it can provide the same value as its competitors but at a lower price, or can charge higher prices by providing greater value through differentiation." Competitive advantage results from matching core competencies to the opportunities.[1]
References
- ↑ Definition: What is Competitive Advantage? Business Dictionary