The company attracts top talent in engineering and design, giving it a competitive edge in creating innovative products that meet and exceed customer expectations.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n","protected":false},"author":1,"template":"","class_list":["post-28532","business-glossary","type-business-glossary","status-publish","hentry"],"acf":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable_v2":"Definition A competitive advantage refers to a specific attribute or set of attributes that allows a business or organisation to outperform its rivals in a market or industry. It gives the entity an edge over competitors, enabling it to generate higher revenues, capture market share, or achieve superior profitability. What is a competitive advantage? Competitive advantages can be derived from various factors and strategies, and they play a pivotal role in a company’s success and sustainability. Key types of competitive advantages: Cost advantage: Achieving lower production costs or operational expenses than competitors, allowing the company to offer products or services…<\/p>\n","category_list_v2":"","author_info_v2":{"name":"root","url":"https:\/\/swoopfunding.com\/ca\/author\/root\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/business-glossary\/28532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/business-glossary"}],"about":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/types\/business-glossary"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":1,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/business-glossary\/28532\/revisions"}],"predecessor-version":[{"id":34798,"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/business-glossary\/28532\/revisions\/34798"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/ca\/wp-json\/wp\/v2\/media?parent=28532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}