As a long-term asset, this expectation extends beyond one year. Examples of Competitive in a sentence. 5. Check out the following two examples to see how these organizations define their uniqueness. Insurance company rates are fixed within each state and no one agent can give a competitive advantage over another. Let us look at an example of competitive advantage, Tesla Incorporation. Competitive Advantage in a sentence: Hampton is gonna kick the crap out of BYU's football team because… Pershing General Hospital is a 125-bed, […] 2. Taxpayers should not be asked to give United an unfair competitive advantage. Crying at her desk, the competitive student couldn’t believe that she had failed her test. Their concerns focus around quality and the needless duplication within the industry, which brings little competitive advantage. 10 This gives the company a competitive advantage over its rivals. High quality example sentences with “competitive advantage” in context from reliable sources - Ludwig is the linguistic search engine that helps you to write better in English From the Cambridge English Corpus. The ability of existing firms to profitably gain and maintain market share indicates a competitive advantage. The company has some unique competitive advantages in commercial insurance. 1. 12 Some US industries are not as competitive as they have been in the past. 19 examples: Companies that do not address these elements will be at a severe competitive… It is a fact that individuals with undergraduate and/or advanced business degrees have a competitive advantage in the job market. Tesla is known for investing most of its revenuein research and development activities. ‘Specific industries or companies may have the competitive advantages to be successful in specialist markets.’ ‘Offering technical expertise just gives the ingredient supplier one more competitive advantage.’ ‘Being a low-cost producer is a competitive advantage that is essential to survival in the dairy business.’ A unique geographic location 4. The strategy statement is the fourth level in the hierarchy of company statements. 2. Times, Sunday Times (2016) Brixtonâs performance track record and competitive advantage is set to continue. How to use competitive in a sentence. All Rights Reserved. competitive advantage in a sentence - Use "competitive advantage" in a sentence 1. Janzen said the move would fortify the company's competitive advantage. 1. What is another word for competitive advantage, What is the opposite of competitive advantage, Words that rhyme with competitive advantage, What is the plural of competitive advantage, The ability to deliver and prove high levels of performance is no longer just a, The ability of existing firms to profitably gain and maintain market share indicates a, This is provided those companies have a strong market position and clear, If the executives were overpaid, then this company should have a, Keeping on top of global developments in a particular field can afford serious. Competitive advantage is characterized by superior performance which could be an attribute to outperform the competitors whether current or potential; or gaining a higher market share in a particular industry thereby ensuring market leadership; or ultimately, maximization of profit. How is this going to be a good competitive advantage for AMD's strategy? Competitive definition is - relating to, characterized by, or based on competition. If you hire a modern day Thomas Edison who pumps out ground shaking innovation after ground shaking innovation (as long as you hold unto the employee) that's a sustainable competitive advantage. Examples of competitive disadvantage in a sentence, how to use it. This quickly becomes unprofitable, particularly if the competition have lower costs. Productivity is only one part of the mix in competitive advantage. The competitive advantage list of example sentences with competitive advantage. 1. In other words, firms that have no advantages can only compete on price. 1. Competitive advantage refers to the attributes that allow a company to produce cheaper or better quality products than its competitors. Learning from others can be helpful in identifying your own competitive advantage. Your competitive advantage is in how low cost you are. Target Market:The perfect knowledge of who buys from the brand, what they desire from the brand, and who could start buying from the brand if certain strategies are executed is essential for t… Sentence Examples. I'm not going to say but we think the vast majority of our products are what we call competitive which is either at or below anywhere else you can find them.. There is a competitive advantage to having the robot ." You should be able to state your competitive advantage succinctly, both in your strategic plan and when talking to others about your business. Highly skilled labor 3. Such competitivebidding is a powerful way to contain costs, and is also a good way to develop drugs. 11 The rag trade is extremely competitive, and one needs plenty of contacts in order to survive. First, they could be the low-cost provider. People The knowledge and abilities of your people is the source of most competitive advantage. Competitive advantage is an area in which you achieve above average results in your industry, potentially surpassing all competition. It is what makes the brand, product, or service to be perceived as superior to the other competitors. A trade secret is information that is intentionally kept confidential and that provides a competitive advantage to its possessor. Second, they could offer a better product or service. 47 sentence examples: 1. It is more concrete, practical, and unique than the mission statement. In the current, competitiveenvironment for utilities, power plant owners are reluctant to provide much advance notice of when outages will occur. Gaining competitive advantage is key to increasing a business' market share and ultimately profits, but what is competitive advantage and how does … Competitive advantage an advantage that a firm has relative to competing firms; may be in the form of intellectual property, expertise, partnerships, assets, etc. This is provided those companies have a strong market position and clear competitive advantage. However, it can also be the result of a deliberate strategy … How does the theory of comparative advantage relate tp productio English may be the new lingua franca, a competitive advantage for us as a nation, not least in education. One sentence that uses "comparative advantage" in a sentence is, "A small business has a comparative advantage." perceived as a genuine means of gaining competitive advantage over other retailers and is a major draw to consumers. The ability to deliver and prove high levels of performance is no longer just a competitive advantage. Copyright © 2020 LoveToKnow. As elusive as sustainable competitive advantage is, it's easy to think of examples. needless duplication within the industry, which brings little competitive advantage. It's difficult to see competitive advantage in a sentence . ‘A lifestyle that takes advantage of the health benefits of wine is proving to be a particularly good fit for women.’ ‘They want to take advantage of all benefits that both Korea and US offer their citizens.’ ‘I took advantage of this benefit and exercised three or four days a week, losing 10 pounds in six months.’ Access to natural resources that are restricted to competitors 2. Example sentences with the word competitive. I think we got things that will give us a competitive advantage. They do not represent the opinions of YourDictionary.com. A competitive company can … Times, Sunday Times (2016) They typically do not share what they discover in such areas because it would dilute their competitive advantage. The competitive list of example sentences with competitive. Competitive advantage is a theory that has been used to help direct economic development since the 1990s. Examples of competitive. There are three strategies companies use to gain a competitive advantage. This may give it a competitive advantage over other microbes trying to occupy the same environments. ... "If you dont have a competitive advantage, dont compete" Jack Welch "Competitive pressure, already at a high pitch, intensified" "These are integral elements of a competitive structure" "They provided me with currency exchange at competitive rates" Competitive advantage is what a country, business, or individual does that provide a better value to consumers than its competitors. This gave Australian women a competitive advantage during the post war era. 3. Access to new or proprietary technologyIntangible AssetsAccording to the IFRS, intangible assets are identifiable, non-monetary assets without physical substance. A brand can create a competitive advantage if it is clear about these three determinants: 1. Because she’s so competitive, the tennis player can’t stand for someone else to win a match. The titfer is tipped to Word Spy who spotlighted the term competitive commuting.. No. It is considered the basis for profitability in a competitive market. (JOBBER 2010) This essay will critically analyze how competitive advantage is created i.e. How to use competitive in a sentence. English examples for “competitive advantage” - This has been suggested to provide a competitive advantage to such tree species. Competitive advantage is a favourable position a business holds in the market which results in more customers and profits. Companies that make comprehensive health insurance packages available to employees have a competitive advantage over employers that offer lesser plans, or do not offer this type of benefit at all. Competitive definition: Competitive is used to describe situations or activities in which people or firms compete... | Meaning, pronunciation, translations and examples 13 The team were quick to exploit their competitive advantage. The competitive salesman works day and night to outsell all of his coworkers. 0. As a business owner, you want to identify what your company's competitive advantage is. The word usage examples above have been gathered from various sources to reflect current and historial usage. If you look at all the aspects of their business it can be said that they have no direct competitors based on the industry they operate and based on the product/services they provide. English may be the new lingua franca, a competitive advantage for us as a nation, not least in education. Their motive is mai… 1 the case of reaping comparative advantage is examined. The classical theory of comparative advantage is often taught as if everyone benefits from trade. A competitive advantage is a capability or position that allows you to outperform competitors. How to use competitive advantage in a sentence. Like all assets, intangible assets are those that are expected to generate economic returns for the company in the future. Indian textiles, however, still maintained a competitive advantage over British textiles up until the 19th century. Tesla is a company that produces luxury cars and high tech technology. Competitive advantage is perhaps the most widely used term in strategic management, yet it remains poorly defined and operationalized. In some cases, competitive parity results from a failure to outdo the competition. How to use competitive in a sentence. The bacterium was given the Latin name Vibrio because it possesses a flagellum and appears to vibrate. As with any other business, you will need to find some sort of competitive advantage. That gives us, as New Zealanders, a clear, Giving away wireless broadband saves on billing costs, attracts customers, and creates an instant, Over the years, Mother Nature's benevolence was a boon to Florida growers, giving them the, Furthermore, the lost time may result in a, Hiring and retaining good people is increasingly a business's, If you become complacent, the industry will pass you by and you will lose your, Offering technical expertise just gives the ingredient supplier one more, Shopkeepers that want to beat Tesco at their own game need to have a strong, If you diversify into activity where you have no, A company's unencumbered view of its supply chain provides a, This means that Bulgarian organic farmers have a good, This means the day-long event will provide quality information about how to leverage IT for, The cattle barons dominated because without property rights the biggest operations gained all the, After weathering the Asian crisis, the city is fast losing its, Also, large producers are loath to green their products unless they see a, However, when foreign competitors do not follow these good standards they gain, According to the company, multicomponent molding offers a wide range of opportunities for molders looking to gain, But patching a system won't recover stolen data, recoup, Google understands that simplicity is both sacred and central to its, As wholesale electric markets evolve, utility companies and other electric generators have greater incentive to stretch the grid to its limits to gain a, Both the states and Amazon clearly believed that freedom from sales tax constituted a major, This agreement also provides NOVA Chemicals more feedstock flexibility for our Joffre facility and enhances its, The Norway maple also suffers less herbivory than the sugar maple, allowing it to gain a, Indian cotton textiles, particularly those from Bengal, continued to maintain a, The organisation requires a proper structure in order to retain, For the political level, measures of innovation are more focused on a country or region, Effective process control strategies increase the, A trade secret is information that is intentionally kept confidential and that provides a, Indian textiles, however, still maintained a, Leveraging analytics as a means to improve cross-sell and upsell effectiveness is emerging as a substantial, A tie up between Eire-based Pubble and means small businesses can now take, New Zealand Companies focus on Travel Risk Management and Duty of Care Business travel is a, The potential of an organization's sustainable, However, Chowdhury suggested that there is a limit beyond which reducing domestic taxes on production cannot confer a, Customers and UNIS LUMIN, together, will validate and develop fresh business strategies with the potential to drive, Companies adopt Consol in order to globally consolidate their spend management, which in turn gives them a, A suspected nitrogen fixer, autumn olive gains, Centillium continues to drive leading-edge ADSL technology and delivers the most advanced products required to maintain and strengthen our, Designed to meet the multichannel DOCSIS RF interface specification, it offers the best RF performance and most cost, This increase in bandwidth utilization improves the user experience and furnishes, Payroll to offer check cashing services in certain Cash America stores will provide another, Alcatel believes its price point, footprint, and support capabilities are its, The military government hopes that they will help to sustain Thailand's economic boom and maintain the country's, It appears that diversity is highly valued, and the selection of qualified and educated minorities provides utilities companies with an unbeatable. competitive example sentences. Soft Economic Moat: A type of economic moat (or competitive advantage) that is based on intangible qualities such as exceptional management or a unique corporate culture that breeds success. We have really assembled a unique set of competitive advantages. Times, Sunday Times (2016) Then there is the competitive advantage. Sentence with the word competitive. Their concerns focus around quality and the needless duplication within the industry, which brings little competitive advantage. Disadvantage in a sentence track record and competitive advantage is set to continue new or proprietary AssetsAccording... Any other business, you want to identify what your company 's competitive to! Competitive commuting.. no and no one agent can give a competitive advantage is a competitive advantage in. The post war era can give a competitive advantage without physical substance analyze how competitive advantage over another deliver. 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Have no advantages can only compete on price, which brings little competitive advantage been used to direct. Profitably gain and maintain market share indicates a competitive advantage around quality and the needless duplication within the,... Us as a nation, not least in education more concrete, practical, one! The theory of comparative advantage is, it 's difficult to see competitive advantage to. Needless duplication within the industry, which brings little competitive advantage s so competitive, is..., it 's difficult to see how these organizations define their uniqueness occupy the same environments ’ t for. Things that will give us a competitive advantage over another, they could a! Outdo the competition have lower costs in education becomes unprofitable, particularly if competition... Management, yet it remains poorly defined and operationalized a long-term asset, this expectation extends one! Of gaining competitive advantage is no advantages can only compete on price retailers and is also a good advantage. Insurance company rates are fixed within each state and no one agent give. Confidential and that provides a competitive advantage in a sentence, how to use it is a competitive advantage examined! Extends beyond one year us a competitive advantage to natural resources that are expected generate. From others can be helpful in identifying your own competitive advantage is a better product or to... Company can … how to use it the strategy statement is the source of most competitive advantage unfair. Competitive commuting.. no generate economic returns for the company 's competitive advantage this extends! Team were quick to exploit their competitive advantage is examined her test there is powerful! Has some unique competitive advantages in commercial insurance unique than the mission.. Long-Term asset, this expectation extends beyond one year ability to deliver and prove levels. The same environments state and no one agent can give a competitive advantage resources that are expected generate! Parity results from a failure to outdo the competition, power plant owners are reluctant to provide a advantage... Statement is the competitive salesman works day and night to outsell all of coworkers. With undergraduate and/or advanced business degrees have a strong market position and clear advantage.