Examlex
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Competitive Advantage
A condition that enables a company or country to produce goods or services at a lower price or in a more desirable fashion for customers than its competitors.
Unique Product
A product that stands out from others due to its distinctive characteristics, features, or innovation.
Competitive Advantage
The unique positioning and strategy that enable a business to generate greater sales or margins than its competition.
Barriers to Entry
Economic, procedural, or regulatory hurdles that inhibit new competitors from easily entering an industry or area of business.
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