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WordNet-Online
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Definitions from the WebTerm: Competitive EdgeDescription:A competitive edge refers to a unique advantage or superior position that a person, company, or product has over their competitors. It implies having qualities, strategies, resources, or skills that set them apart and contribute to their success in a competitive environment. Senses and Usages:1. Noun - Business Advantage:In the business context, a competitive edge signifies a distinct advantage that an organization possesses over other businesses in the same industry. It can be in the form of cost-efficiency, innovation, customer service, quality, or market dominance. Example Sentence: Our company's exceptional customer service is our competitive edge, making us the preferred choice among consumers. 2. Noun - Personal Advantage:On an individual level, a competitive edge signifies having unique skills, qualifications, or attributes that give someone an advantage over others when seeking employment, promotions, or other opportunities. Example Sentence: Sarah's fluency in multiple languages gives her a competitive edge in the job market, making her an attractive candidate to multinational companies. 3. Adjective - Competitive:Used as an adjective, competitive edge refers to the ability of an individual, team, or organization to outperform others in a competitive setting. Example Sentence: The team's strong work ethic and determination have helped them maintain a competitive edge in the sports industry. 4. Verb - Seeking an Advantage:As a verb, competitive edge means actively seeking and working towards gaining an advantage over competitors. Example Sentence: The company is investing in research and development to competitive edge in the market. Related Products:Find related products on Amazon: | ||||
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