(Editor’s Note – Sunday April 8, 2018)
Article originally published on Nov 17, 2015 by Rylan Branch
SOLUTION = Just Let Her Speak For Herself And Provide The Solid Support (A Platform) That Helps To Get Her Point Across.
PimpHop.com + Hollywood 2007 @ The Roosevelt Hotel. The Birthplace Of The Oscars
(Academy Of Motion Picture Arts And Sciences).
DEFINITION OF ‘COMPETITIVE ADVANTAGE’
An advantage that a firm has over its competitors, allowing it to generate greater sales or margins and/or retain more customers than its competition. There can be many types of competitive advantages including the firm’s cost structure, product offerings, distribution network and customer support.
BREAKING DOWN ‘COMPETITIVE ADVANTAGE’
Competitive advantages give a company an edge over its rivals and an ability to generate greater value for the firm and its shareholders. The more sustainable the competitive advantage, the more difficult it is for competitors to neutralize the advantage.
There are two main types of competitive advantages: comparative advantage and differential advantage. Comparative advantage, or cost advantage, is a firm’s ability to produce a good or service at a lower cost than its competitors, which gives the firm the ability sell its goods or services at a lower price than its competition or to generate a larger margin on sales. A differential advantage is created when a firm’s products or services differ from its competitors and are seen as better than a competitor’s products by customers.
Read more: Competitive Advantage Definition | Investopedia http://www.investopedia.com/terms/c/competitive_advantage.asp#ixzz3rlygmRfS
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Just picture it as a high stakes game of Internet Golf, where the winners of the big prize are the individuals who are able to reach the end of the course by using the least amount of keystrokes.
A “less is more” perspective to consider.