What is Competitive advantage?
In [[economics]] a '''competitive advantage''' is something that allows someone or a [[company]] to beat their rivals. This includes: # Low cost: I have better resources. I can make things at a lower [[cost]]. I sell things at a lower price than others. # Differentiation: The product I create is different, better, or both. # Focus: The product I create is targeted to a specific person. == Related pages == * [[Comparative advantage]] [[Category:Economics]] {{stub}}