competitive position

Language: en

📖 Definitions

  1. The relative standing of a company, product, or brand in a market compared to its competitors, often determined by market share, brand strength, or cost advantage.; A favorable or advantageous rank, placement, or standing within a race, tournament, or physical competition that provides a chance to win.

💬 Examples

  1. The company strengthened its competitive position by launching a new, low-cost product line.

  2. By overtaking the leader in the final lap, the driver secured a competitive position.