Competitive advantage

Competitive Advantage
The strategies, skills, knowledge, resources or competencies that differentiate a business from its competitors.
Related Terms: ...

Competitive advantage can be created by improving efficiency, quality, innovation, and customer responsiveness. Improving efficiency means you do it faster or at a lower cost than anyone else.

competitive advantage
measure of an organization's product or service distinctiveness in a given market.
See also core competence ...

Competitive Advantage
Warren Buffett suggests that investors should focus their investments in companies with a competitive advantage.

Competitive Advantage. (Not the same as comparative advantage.) A market position established either by providing comparable buyer value more efficiently than competitors, ...

competitive advantage - The strategic development where customers will choose a firm's product or service over its competitors based on significantly more favorable perceptions or offerings.

Competitive Advantage:
The resources that differentiate a business from its competitors.
Compliance Officer: ...

Competitive advantage
Something that gives a firm (or a person or a country) an edge over its rivals.
Competitiveness ...

Competitive advantage (business) - The advantage that a business has over rivals who are competitors. It can be gained in a variety of ways.

*Competitive advantage is gained by exploiting the unique blend of activities, assets, attributes, market conditions, and relationships that differentiates an organisation from its competitors.

COMPETITIVE ADVANTAGE
Technological superiority, higher quality, better distribution availability or lower cost that attracts buyers.
COST OF SALES ...

The competitive advantage that one company has over other companies in the same industry. This term was coined by renowned investor Warren Buffett.

Unit of competitive advantage (UCA) - the work and capabilities that create distinctiveness for the business in the marketplace
Value-added support work - the work and capabilities that facilitate the UCA ...

(b) Has a competitive advantage: The business should have a sustainable economic moat that protects its profitability from any competition for years to come.

A source of competitive advantage that depends on the efficient delivery ofa product or service to customers.
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A source of competitive advantage that depends on access to low cost sources of capital.
Financing decisions
Decisions concerning the liabilities and stockholders' equity side of the firm's balance sheet, such as a decision to issue bonds.

A source of competitive advantage that depends on differences in the tax rates imposed in different locations.
Tax Reform Act of 1976 ...

For example, a competitive advantage created by a hot new technology usually isn't very sustainable, because it won't be too long until someone comes along and invents a better widget.

305: Quantifying Competitive Advantages
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Tax Reduction Strategy A source of competitive advantage that depends on differences in the tax rates imposed in different locations.

Product Differentiation A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics.

The idea that, if one country provides a competitive advantage to its firms by lax regulation (of the environment, for example), then competing firms in other countries will demand even weaker regulation by their governments, ...

industrial espionage The spying on one's competitors to gain a competitive advantage. Often illegal. industrial goods Goods or components produced for use primarily in the production of other goods.

If a companyÂ's core competency gives it a long term advantage in the marketplace, it is referred to as a sustainable competitive advantage.

Competition Analysis The analysis of competition and the failure to describe a sustainable competitive advantage are killer mistakes in business and business plans.

Companies observe that operating in a responsible manner may generate competitive advantages;
2. Climate change represents today an important challenge where the financial sector realizes that also have opportunities;
3.

Helps explain how the numbers work, how they can be used for competitive advantage, and how to use them for managing a business more effectively.

First, the non-angel gains from his 'competitive advantage' (pursuing his own interest at the expense of others) over the angels. Then, as the once noble angels realize that they are losing out, some of them renounce their angelic behavior.

Operations management for competitive advantage, ninth edition. International edition: McGraw Hill/ Irwin. ISBN 0-07-118030-3.
^ Hax, Arnoldo C.; Majluf, Nicolas S. (October 1982). "Competitive cost dynamics: the experience curve".

Unique Selling Proposition and competitive advantages
The Marketplace
Operations
Leadership and management profiles including professional competencies
Professional Support
Risks and Threats assessment ...

Intellectual Capital - The value of a company or organization's employee knowledge, business training and any proprietary information that may provide the company with a competitive advantage.

Strategy used to be about protecting existing competitive advantage. In a fast changing world, it is about finding the next advantage. In fact, strategy starts to decay the day it is created. The three box thinking is a way of developing strategies.

Banks, suppliers and their customers are forced to find more complex payment methods in order to gain competitive advantage. These are needed to expand trade and to give confidence to encourage suppliers to enter into contracts.

Regarding the publics as a threat to other providers, we steadfastly believe that there will always be a place for strong local and regional providers, that, by their very nature, tend to have competitive advantages such as flexibility, ...

Distribution CostAdvantage definition :
A source of competitive advantage that depends on the efficient delivery ofa product or service to customers.
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Financing Cost Savings
A source of competitive advantage that depends on access to low cost sources of capital.
Finder's fee
A fee a person or company charges for service as an intermediary in a transaction.

Unusual government support to firms perhaps export subsidies or certain anti-competitive practices by firms themselves, such as dumping, boycotts, or discriminatory shipping arrangements that result in competitive advantages for those firms in ...

Cross selling is often cited as a source of competitive advantage to an existing business and as a source of synergies that justify an acquisition.

Timeliness
Definition: [crh] A source of competitive advantage that depends on being the first to enter a given market with a product or service.

Notes:
Firms who engage in proprietary trading believe they have a competitive advantage that will enable them to earn excess returns.
See also: Trade
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Preapproval is not a binding commitment for either the buyer or lender, but it can give you a competitive advantage. You know in advance how much you can afford, and sellers are confident your mortgage application won't be turned down.

Timeliness
A source of competitive advantage that depends on being the first to enter a given market with a product or service.
Timing
See: Market timing ...

Porter's Generic Strategies: Choosing your route to competitive advantage
The McKinsey 7S Framework: Ensuring all organizational areas work in harmony
The Boston Matrix: Focusing effort to get the greatest return ...

Business longevity
Barriers to entry and exclusive market access
Competitive advantages
Market share
Profitability potential ...

The word is applied to an intangible asset that provides some kind of competitive advantage, not necessarily because of the asset itself, but because of its reputation. This is usually referred to when talking about brands or brand image.

Business Strategy
A term used in business planning that implies a careful selection and application of resources to obtain a competitive advantage in anticipation of future events or trends.
-C- ...

Development of new products and services by a company in order to obtain a competitive advantage.
Research and development limited partnership ...

Natural Advantage - Theory in economics that certain countries have a competitive advantage in certain products due to their access to specific natural resources, their climactic conditions, or their transportation system.

Foreign-invested companies bring a myriad of benefits to China, namely investment, expertise, management techniques and jobs of all levels. However, Chinese companies fear foreign investors' competitive advantages and are moving fast to solidify ...

Obsolescence is a condition in which, because of new inventions and improvements, a capital asset can no longer be used to produce goods or services with a competitive advantage.
Occurrence ...

Founded in 1925, the AMTDA is a trade association dedicated to providing members with a dynamic array of educational programs, marketing management data and business services necessary to achieve and maintain a competitive advantage in the machine ...

"Protective" tariffs allow domestic producers of the good in question an artificial competitive advantage over their foreign competitors (largely at the expense of domestic consumers of these products) by making it impossible for the foreign ...

This was used by US for imports of Japanese cars.
Subsidies. A domestic subsidy from government can give the local firm a competitive advantage.
Embargo. A complete ban on imports from a certain country. E.g. US embargo with Cuba.

Intellectual property rights Patents, copyrights, and proprietary technologies and processes that may be the basis of a company's competitive advantage.

Research and development (R"D) Development of new products and services by a company in order to obtain a competitive advantage.

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