What are the forms of Competitive Advantages? - ProProfs Discuss
Advertisement

What are the forms of Competitive Advantages?

Asked by Golddude, Last updated: Apr 14, 2022

+ Answer
Request
Question menu
Vote up Vote down

2 Answers

A.Jeff

A.Jeff

A.Jeff
A.Jeff

Answered Apr 25, 2018

Cost Leadership: Cost leadership as opportune advantage that occurs when a business is able to offer a product at a cheaper rate but yet of still the same quality as it’s competitor.

Differentiation: you ought to find out a remarkable attributes (like a trade mark) of your business which makes your product more marketable and yet still at its standard compared to its competitors.

Defensive Strategies: This is an advantage gained by your Differentiation strategy and also the ability to distance and maintain the competitive gap between your products and its competitors.

Alliances: This is a Competitive advantages gained by seeking inter-relationship with other businesses in related industry but hence, business alliances be confused with business collusion

upvote downvote
Reply 

golddude1000

golddude

golddude1000
Golddude

Answered Sep 05, 2017

Absolute, Comparative, National Competitive, and International Competitive.
upvote downvote
Reply 

Advertisement
Advertisement
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader

Email Sent
We have sent an email to your address "" with instructions to reset your password.