differential advantage

differential advantage definition - business

differential advantage

  1. A unique quality of a good or service that gives it an advantage over competitors.
  2. The benefit enjoyed by a company or production facility as a result of the economic environment in which it operates. For example, a manufacturing plant enjoys a differential advantage because of a high education level and work ethic of the local population.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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