A competitive moat is a company's strong advantage that protects it from competitors, but even established market leaders can lose this advantage when domestic competitors develop innovative technologies that match or exceed their quality and brand appeal.
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중국의 20억 발이 갑자기 나이키를 피해 도망치고 있다(The Wall Street Journal | 2026.05.12) | #뉴스어휘Added:
Today, Nike's China business is flailing. A cautionary tale of an American giant caught in the tar pit of China's hyper-competitive and increasingly nationalistic consumer market.
flail Today, Nike's China business is flailing. A cautionary tale of an American giant caught in the tar pit of China's hyper-competitive and increasingly nationalistic consumer market.
It was too slow to recognize that China's competitive landscape had changed with the rise of quick-moving domestic brands increasingly able to match American quality and brand cachet.
competitive landscape It was too slow to recognize that China's competitive landscape had changed with the rise of quick-moving domestic brands increasingly able to match American quality and brand cachet.
Anta collaborated with Chinese scientists to develop a type of foam cushion made with nitrogen that provides extra bounciness. all but demolishing Nike's competitive moat moat Anta collaborated with Chinese scientists to develop a type of foam cushion made with nitrogen that provides extra bounciness all but demolishing Nike's competitive moat.
Which phrase means a company's strong advantage that protects it from competitors?
competitive moat
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