cost advantage
Definition
Superiority achieved through factors such as access to cheaper inputs, efficient processes, favorable location, skilled workforce, superior technology, and/or waste reduction or elimination.
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cost advantage is in the Accounting & Auditing, Banking, Commerce & Finance, Decision Making, Problem Solving, & Strategy and Entrepreneurship, Management, & Leadership subjects.
cost advantage appears in the definitions of the following terms: multinational corporation (MNC), competitive space and Coase's theorem
cost advantage appears in these other term: absolute cost advantage
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