Meaning sustainable competitive advantage
What does sustainable competitive advantage mean? Here you find 2 meanings of the word sustainable competitive advantage. You can also add a definition of sustainable competitive advantage yourself

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sustainable competitive advantage


A sustainable competitive advantage exists when a firm is implementing a value-creating strategy not simultaneously being implemented by any current or potential competitors and when these other competitors are unable to duplicate the benefits of this strategy. The sustainability of a competitive advantage depends upon the possibility of competitiv [..]
Source: ama.org (offline)

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sustainable competitive advantage


Definition A very secure advantage that a product or service provider has held over its competitors for a long period of time and that is not easy to surpass.
Source: investorwords.com




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