Competitive advantage definition and characteristics -- Particularities of competitive advantage in the public sector -- Sources of competitive advantage in the public sector -- Conclusions

Competitive advantage, the invisible component of the strategy, has as its subbordinates visible components of the strategy (mission, objectives, strategic options, resources, time). According to the renowned specialist Michael Porter, a company’s competitive advantage, in essence, implies ensuring a reduced cost or a product or service, that differentiates itstelf through its qualities from other products offered by others or by most competitiors. The action which doesn’t lead to one of the advantages above is not of strategic interest, because competitive fight was and is defined as the battle for competitive advantage.