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Competitive Advantage

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  • Mai, Nhat Chi

Abstract

In business, a competitive advantage is an attribute that allows an organization to outperform its competitors. A competitive advantage may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location, high entry barriers, and access to new technology.

Suggested Citation

  • Mai, Nhat Chi, 2022. "Competitive Advantage," OSF Preprints fcsj8, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:fcsj8
    DOI: 10.31219/osf.io/fcsj8
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    References listed on IDEAS

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    5. Aaker, David A. & Shansby, J. Gary, 1982. "Positioning your product," Business Horizons, Elsevier, vol. 25(3), pages 56-62.
    6. Vuong, Quan-Hoang, 2022. "A New Theory of Serendipity: Nature, Emergence and Mechanism," OSF Preprints t8ahv, Center for Open Science.
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