competitive disadvantage
Definition
A factor which places a business at risk for losing customers to a competitor. For example, if a restaurant has its liquor license suspended it is at a competitive disadvantage to the neighboring food establishments which still have a liquor license.
Related Articles
- All ETFs Are Not Equal *
- Leading Economic Indicators Explained *
- Taxation of IRA Contributions *
- What is a Limited Liability Company (LLC)? *
- The Warren Buffett Quality Stock Strategy *
- What is a Savings and Loan Association? *
- Creating the Family Budget *
- The FTC and the Economy *
Related Videos
http://www.businessdictionary.com/definition/competitive-disadvantage.html


