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Definition of Competitive Advantage
The strategies, skills, knowledge, resources or competencies that differentiate a business from its competitors.
an organizational strategy in which company management decides to confront, rather than avoid, competition; an organizational strategy in which company management still attempts to differentiate company
a higher proficiency relative to competitors
A securities offering process in which securities firms submit competing bids to the
An offering of securities through competitive bidding.
The net present value of the savings from a refunding.
The net present value of entering into a lease financing arrangement rather than
The difference in total post- and pre-merger market value minus the cost of the merger.
In a Treasury auction, bidding for a specific amount of securities at the price, whatever it
Markets in which no trader has the power to change the price of
The ability to produce a good or service with fewer resources than competitors. See also comparative advantage.
A country has a comparative advantage over another country in the production of good A if to produce a unit of A it forgoes more of the production of good B than would the other country when it produces a unit of good A. Its efficiency in the production of good A relative to its efficiency in the production of good B is greater than is the case for the other country. See also absolute advantage.
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