Definition of competitive advantage in English:

competitive advantage

Line breaks: com|peti¦tive ad¦van|tage

noun

A condition or circumstance that puts a company in a favourable or superior business position: expansion is vital to maintaining a competitive advantage
More example sentences
  • Its recent £2 million investment in the latest printing technology gives the factory a further competitive advantage.
  • Giving away wireless broadband saves on billing costs, attracts customers, and creates an instant competitive advantage.
  • Bangladesh's competitive advantage in the Jute sector is the fact that jute production is very much labor intensive.

More definitions of competitive advantage

Definition of competitive advantage in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day setose
Pronunciation: ˈsiːtəʊs
adjective
bearing bristles or setae; bristly