Examlex
Michael Porter draws a firm distinction between operational effectiveness and a strategy. Briefly describe this distinction and identify when a company can claim that it has a strategy.
Intellectual Skills
The cognitive abilities to think critically, reason logically, solve complex problems, and adapt to new situations, facilitating learning, decision-making, and creative thought.
Physician
A medical professional who diagnoses and treats illnesses and injuries, often holding an MD (Doctor of Medicine) or DO (Doctor of Osteopathic Medicine) degree.
Peasants
Members of the lowest class in some social class systems, typically working in agriculture and often living under the control of or obligation to a higher class.
Independence
The state of being self-governing and free from external control or influence, often related to nations achieving sovereignty from colonial rule.
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