Competitive advantage is a companys ability to perform in one or more ways that competitors cannot or will not match. — Philip Kotler
If you don't have a competitive advantage, don't compete. — Jack Welch
There are only two ways to establish competitive advantage: do things better than others or do them differently. — Karl Albrecht
Control your expenses better than your competition. This is where you can always find the competitive advantage. — Sam Walton
The value of time, that is of being a little ahead of your opponent, often provides greater advantage than superior numbers or greater resources. — Sun Tzu
The future belongs to those who understand that doing more with less is compassionate, prosperous, and enduring, and thus more intelligent, even competitive. — Paul Hawken
Manufacturing all over the world has the benefit of efficiency. — Jensen Huang
Concentrate your strengths against your competitor's relative weaknesses. — Bruce Henderson
A society's competitive advantage will come not from how well its schools teach the multiplication and periodic tables, but from how well they stimulate imagination and creativity. — Albert Einstein
A guy that has more knowledge has the advantage. — Georges St-Pierre
The most important single central fact about a free market is that no exchange takes place unless both parties benefit. — Milton Friedman
Economic activity is moving from the Atlantic ocean to the Pacific ocean... Russia has a certain natural advantage because it also borders the Pacific Ocean. — Vladimir Putin
The road to profits is paved with unfair advantages. — Lewis Howes
Competition is the keen cutting edge of business, always shaving away at costs. — Henry Ford
The exchangeable value of all commodities, rises as the difficulties of their production increase. — David Ricardo
Short Comparative Advantage Quotes
Goodwill is the one and only asset that competition cannot undersell or destroy. — Marshall Field
The ability to learn faster than your competitors may be the only sustainable competitive advantage. — Arie de Geus
Voluntary exchange is more moral than forced redistribution. — Ben Shapiro
Every disadvantage has its advantage. — Johan Cruyff
Don't compare your life to others. There's no comparison between the sun and the moon. They shine when it's their time.
Competitive Advantage Quotes
The world is so full of people who are grabbing and self-seeking. So the rare individual who unselfishly tries to serve others has an enormous advantage. He has little competition. — Dale Carnegie
Not finance. Not strategy. Not technology. It is teamwork that remains the ultimate competitive advantage, both because it is so powerful and so rare. — Patrick Lencioni
To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand “Dangote,” which I diligently built in the course of my trading commodities. — Aliko Dangote
When you know your strength, you can turn any disadvantage into an advantage.
The way I saw it was, if I had the built-in following and the audience, but I also had the skill set of acting, that would shoot me to the top. Because there's so many good actors. There's so many good-looking people. But the X factor now is social media. — Jake Paul
We have to ensure the new generation is equipped with knowledge and science so they can represent our competitive advantage in front of the whole world. Our only choice is quality. — Mohamed bin Zayed Al Nahyan
Do not underestimate yourself by comparing yourself with others, It's our difference that make us unique and beautiful
Be aware that information flows down a 'food chain', with those who get it first 'eating' and those who get it late being eaten. — Edward O. Thorp
You want a product to be unique. You don’t want it to be a commodity that everyone else can sell. Because when you sell a commodity – anyone can sell it and they can sell it at a better price and it’s very hard to make a profit doing that. — Bill Ackman
I’ve had a competitive advantage over everyone who has been hungover even just once within the last 2 years. — Chris Williamson
In a digital economy, where social media and mobile are the bedrock of the competitive advantage, investing in digital transformation is of paramount importance. — Vladimer Botsvadze
It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return for manufactured commodities, import corn even if it can be grown with less labour than in the country from which it is imported — David Ricardo
Accelerate the implementation of innovation-driven development strategies, accelerate the realisation of high-level scientific and technological self-reliance ... resolutely win the key core technology battles ... accelerate the construction of the world's important talent centre and innovation high evaluation, and strive to form a comparative advantage of international competition for talents. — Xi Jinping
Every great political campaign rewrites the rules; devising a new way to win is what gives campaigns a comparative advantage against their foes. — John Podhoretz
Confidence isn't walking into a room thinking you're better than everyone, it's walking in not having to compare yourself to anyone at all.
Texas will again lift it's head and stand among the nations. It ought to do so, for no country upon the globe can compare with it in natural advantages. — Sam Houston
Litmus test: If you can't describe Ricardo's Law of Comparative Advantage and explain why people find it counterintuitive, you don't know enough about economics to direct any criticism or praise at "capitalism" because you don't know what other people are referring to when they use that word. — Eliezer Yudkowsky
Only he who can view his own past as an abortion sprung from compulsion and need can use it to full advantage in the present. For what one has lived is at best comparable to a beautiful statue which has had all its limbs knocked off in transit, and now yields nothing but the precious block out of which the image of one's future must be hewn. — Walter Benjamin
Don't compare, just create.
To be strategic is to concentrate on what is important, on those few objectives that can give us a comparative advantage, on what is important to us rather than others, and to plan and execute the resulting plan with determination and steadfastness. — Richard Koch
Pride is seldom delicate, it will please itself with very mean advantages; and envy feels not its own happiness, but when it may be compared with the misery of others — Samuel Johnson
He's very knowledgeable. That's the one advantage that I see in Kobe Bryant's career compared to Michael Jordan. Ten years into Kobe Bryant's career, we're seeing a very polished 27-year-old player who's probably got another seven or eight great years ahead of him. — Scottie Pippen
In the quest for comparative advantage, investment will flow towards those countries that can offer more output for fewer emissions. Inaction will cost jobs. Action will support jobs. — Julia Gillard
By four years of age, the average child in a family receiving public assistance has heard about 13 million words, compared to 45 million for a child from a wealthier family. The disadvantages developed during their first four years are usually still present in high school. — Sal Albanese
Thousands of important and intelligent men have never been able to grasp the principle of comparative advantage or believe it even after it was explained to them — Paul Samuelson
Critics must excuse me if I compare them to certain animals called asses, who, by gnawing vines, originally taught the great advantage of pruning them. — William Shenstone
Jealousy is cruel as the grave: the coals thereof are coals of fire, which hath a most vehement flame. [Therefore do not compare your lot with another's lest you see their advantages and lose the joy of what you already have.] — Solomon
In a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as whose labor force will work for the lowest wage. — Robert Kuttner
Ants offer special advantages for some important kinds of basic biological research. The colony is a superorganism. It can be analyzed as a coherent unit and compared with the organism in the design of experiments, with the individuals treated as the rough analogues of cells. — Bert Holldobler
A system that rewards politicians skilled at campaigning - which is the art of creating an illusion - and that puts hundreds of billions of coerced taxpayer dollars at the disposal of the winners will tend to attract men and women with a comparative advantage in manipulation. — John Stossel
The ability to work with systems of general equilibrium is perhaps one of the most important skills of the economist - a skill which he shares with many other scientists, but in which he has perhaps a certain comparative advantage. — Kenneth E. Boulding
It is much to my advantage that several of my pictures should be seen together, as it displays to advantage their varieties of conception and also of execution, and what they gain by the mellowing hand of time which should never be forced or anticipated. Thus my pictures when first coming forth have a comparative harshness which at the time acts to my disadvantage. — John Constable
Inherently, department stores have significant advantages compared to all other retailers. — Ron Johnson
I always remind Quebecers: hey, wait a minute - federalism works. If you look at the fiscal arrangements, the economic arrangements, the way the country works, if you compare it to other countries in the world, it's quite advantageous for Quebec. — Philippe Couillard
Temporary nationalization of the banks that are in very bad shape would mean basically that the government is the temporary owner. I always believe that the government should focus on its comparative advantages, and banking is not one of them. It should, therefore, if it nationalizes banks, sell them back to the private sector. — Joseph Stiglitz
United States has comparative advantage in military force. It tends to react to anything at first with military force, that's what it's good at. And I think they overdid it. There was more military force than was necessary. — Noam Chomsky
[In picking stocks] You really have to know a lot about business. You have to know a lot about competitive advantage. You have to know a lot about the maintainability of competitive advantage. You have to have a mind that quantifies things in terms of value. And you have to be able to compare those values with other values available in the stock market. — Charlie Munger
The distinction between the religious and secular orders is a fundamental aspect of Christianity. This distinction is an innovation compared to Islam and Judaism, and it is an advantage that has helped shape Europe. — Walter Kasper
We like to say that India has the advantage of being a large market. We have provinces, we have the rule of law, we have a system of justice. But those are also weaknesses when compared with China. On the other hand, one of our strengths is that we are very individualistic, and as individuals we are very creative. But that, too, is a weakness, because it keeps us from working well together. Everyone thinks only about his own profit. — Ratan Tata
Henry Ford made a lot of money making cars at one time, but that was a small advantage to him compared to the benefit to millions of people who for the first time in their lives were emancipated from common public carriers and could live where they wanted, move at the hours they wanted, to the places they wanted. Ford collected a billion bucks, but that was peanuts compared to the benefits. — George Stigler
Communism worked honestly by officials devoid of human frailties and devoted to nothing but the good of its slaves, would have certain manifest material advantages as compared with a proletarian wage-system where millions live in semi-starvation, and many millions more in permanent dread thereof. But even if it were administered thus Communism would only produce its benefits through imposing slavery. — Hilaire Belloc
In many societies the domestic social costs of adjustment to changing patterns of comparative advantage are believed to outweigh the advantages of further trade liberalization. — Robert Gilpin
Now clearly this advantage is when the data on tape has been found and just needs to be transferred back. You need to add a minute or so of seek time to find the data. On large transfers, though, tape should outpace most disk systems. From an ingest perspective, LTO-6 and other enterprise tape formats may be unrivaled when compared on a single unit basis. — George Arthur Crump
It is often argued that left-handed batsmen have an advantage compared with the right-handers. I do not agree. — Frank Woolley
We need to move from comparative advantage to perpetual advantage. — Max McKeown
My daughter's all grown up now compared to what she was, but I used to say, I’ve got to have my horse to where if she’s leading my horse somewhere, and she’s got a big armload of Barbies and drops something out of her hand, that son of a buck ought to stop and respect her while she’s gathering up all her dolls and not to walk on her or take advantage of her. And if I’ve done my work right, by gosh, that’s what they’ll do. — Buck Brannaman
The fact that global savers accommodate U.S. consumers by keeping U.S. interest rates lower than they otherwise would be and the dollar stronger than it otherwise would be is simply a manifestation of America's comparative advantage at supplying wealth storage facilities. — John H. Makin
Sin in the theater, I can observe now, is comparable to education in a university: it is there for those who wish to take advantage of it, but fewer do than you might suspect. — Billie Burke
In Conclusion
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