Business Terms and Jargon Explained

What is Competitive Advantage

This term is used in the business world to make a distinction on why a company in a particular sector is more profitable and is more appealing to the customer then another company in the same sector.

Having a competitive advantage is the difference between being in business and not being in business, also being average and being the best.

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County Court Judgement Materiality Big Hitter
Balance of trade (BOT) Proof of Concept Vest
Functionality Give as you earn (GAYE) Dialup
Critical Success Factors Cost Center Voluntary Liquidation
Accrued Interest State of the art Redemption
Fiscal Policy Commodity Pension Contributions
Appropriate systems Blue Sky Thinking Executrix-dative
Asset stripper Demilitarised Zone - DMZ Day Trading
N322A Civil Court form Stock Exchange Case
Council conclusions - EU Petition B2B
Blind Testing Stakeholder Dubitante
Multicurrency Market Prices Third Country
Rupiah Cryptography Forward Rate

Term created / updated 2005-09-03 12:13:51

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