When determining the etymological origin of the term advantage, we must make it clear that it is in a French word: avantage, which, in turn, emanates from the adverb avant, which can be translated as “before” and derived from the Latin word abb.
A advantage is a superiority or one improvement of something or someone regarding something else or person . It can be defined as a favorable condition That something or someone has. For example: "The home team has an advantage since its rival has four injured players", "The advantage of this refrigerator is that it consumes 15% less energy compared to similar models of other brands", “It bothers me that you wanted to take advantage of the situation”.
The concept of advantage is common in the sport or in the games with score The advantage is a situation of supremacy that a player or a team has until it can achieve the victory. If a football team wins its opponent 3 to 2, it can be said that it has an advantage of a goal.
Similarly, within the sports field, the concept of advantage is usually used to refer to the points that a team takes to another in the classification table of a particular competition. Thus, for example, we could express the following sentence: “F.C. Barcelona has eight points ahead of Real Madrid. ”
All this without forgetting that the term advantage player exists. This is used to refer to that person who participates in the game of a specific game or in a competition and who performs all kinds of traps to be able to claim victory. Specifically, it is considered that he uses not only caution and cunning but also various deceptions to achieve his purpose.
The notion is also used in the economy and the finance . The comparative advantage It is one that enjoys one country over another for the elaboration of a product, since it is able to produce at a lower cost. A country like Argentina It has comparative advantages for agricultural production since the natural environment facilitates such work.
The competitive advantage On the other hand, it is an advantage that has a company in front of your competition. This advantage can be the brand value, a technological patent, the capacity of its human resources or a state protection, for example.
It is vital to be clear that in order for any advantage to be considered as competitive and can be effective as well as efficient, it must be qualified or identified by the following hallmarks: it can be applied to several different situations that take place within the market, it must be To be fully adjusted to existing legal regulations, it must be possible to maintain it and it must also make a considerable difference with respect to that offered by the competition.
Specifically among the types of competitive advantages that a given company can have over another are the superior qualities of its products or the good reputation that it has.
It should be noted that the idea of taking advantage of or using the advantages is accepted within the framework of healthy competition. However, if someone tries to take advantage of a confusion or a complex moment, the attitude will be condemned on a social level.