Favorable Position (Noun)
Meaning
The quality of being at a competitive advantage.
Classification
Nouns denoting attributes of people and objects.
Examples
- The company's favorable position in the market allowed it to negotiate better deals with suppliers.
- By securing a favorable position in the industry, the startup was able to attract top talent and investors.
- The team's favorable position on the field gave them a clear advantage over their opponents.
- The country's favorable position on the global stage enabled it to broker a peace agreement between the warring nations.
- The company's favorable position in the market enabled it to increase its prices without losing customers.