Het concurrentievoordeel
Example: Een sterk concurrentievoordeel helpt bedrijven om klanten te winnen.
Definition
"Het concurrentievoordeel" refers to a distinctive advantage that a business holds over its competitors, enabling it to attract more customers, increase sales, or achieve better market positioning. It is a key concept in entrepreneurship for building business success.
Etymology
The term "het concurrentievoordeel" comes from Dutch, combining "concurrentie" meaning competition, and "voordeel" meaning advantage. It literally translates to 'the competition advantage,' reflecting the idea of superiority in a competitive environment.
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"Het concurrentievoordeel" appears in the Vocaplus list "Dutch - Entrepreneurship - (A1-C2) - set 1", containing 109 commonly used words.
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the competitive advantage