Spironolactone is also used to diagnose or treat a condition in which you have too much aldosterone in your body. Aldosterone is a hormone produced by your adrenal glands to help regulate the salt and water balance in your body.
Thus, a competitive advantage enables the firm to create superior value for its customers and superior profits for itself. Cost and differentiation advantages are known as positional advantages since they describe the firm's position in the industry as a leader in either cost or differentiation.
See all translations. uk â us â. âº the fact that a company has an advantage over its competitors: The low overheads of the company gave it a competitive edge over other retailers. gain/maintain/retain a competitive edge The business needs to innovate in order to maintain a competitive edge.