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Based on McGregor's assumptions, theory X type managers are likely to involve their staff in participative decision making.
Core Competence
A primary area of expertise or strength of an organization that gives it a competitive advantage.
Short-Term Advantage
A temporary benefit that gives a business a competitive edge over its rivals in the immediate term.
Resource-Based View
A perspective in strategic management that emphasizes the importance of a firm's resources and capabilities to gain and sustain competitive advantage.
Sustainable Competitive Advantages
Refers to the unique attributes or qualities that a company possesses which allow it to outperform its competitors over a long period.
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