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What is competitive advantage?

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What is competitive advantage?

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A competitive advantage would be anything that would give someone any kind of advantage over a business rival. If a business has a better location than another rival business, that would be a competitive advantage. Another example of competitive advantage might be the company’s products versus a rival’s products or a company’s total market share.

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At Current Analysis, many briefings involve nondisclosure agreements, especially when we talk about vendors’ network systems, since service providers feel “our network is our competitive advantage.” That can be true when a provider is the first, exclusive user of a vendor’s equipment, but the actual competitive advantage is not what most people think.

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All forms of competition, in sports as well as business, are won by those with an advantage. Successful businesses constantly seek new forms of competitive advantage.

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