What Is Competitive Advantage, and Why Is It Important?

competitive advantage  4 Key criteria to build a sustainable competitive advantage · Valuable: A competitive advantage should offer your customers tangible benefits and real value  Market Differentiation: A competitive advantage allows a company to differentiate its products or services from those of its competitors It helps create a

A competitive advantage is anything that gives a company an edge over its competitors, helping it attract more customers and grow its market share  The meaning of Competitive advantage refers to the unique attributes, resources, or capabilities of a company that enable it to outperform its competitors in

A company is said to have competitive advantage in productservice differentiation if it offers goodsservices of better valuequality or with Competitive advantage is a fundamental principle of management in competitive economies This concept is designed to help business owners to rapidly