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Describe and Discuss the Resource-Based Model of Above-Average Returns

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Describe and discuss the resource-based model of above-average returns.


Definitions:

Weak Cultures

Refers to organizational cultures where there is little agreement on the values, norms, and behaviors expected from employees, leading to inconsistency and varied interpretations.

Overlapping Values

Shared beliefs or principles among different groups or individuals within an organization, which often facilitate cooperation and reduce conflict.

Integration

Incorporation and combination of various parts or aspects into a unified whole, often referring to the process of bringing together different systems, processes, or organizations.

Bicultural Audit

An evaluation that examines the cultural compatibility between two or more entities or assesses how an organization bridges across cultures.

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