Examlex
What are the two principal broad-based strategies that lead to competitive advantages? Briefly explain each.
Kitty Genovese
An American woman whose 1964 murder in New York City became influential in the study of the bystander effect and social psychology.
Prisoner's Dilemma
A scenario in game theory where two individuals acting in their self-interest do not result in the optimal outcome for either party.
Commons Dilemma
A situation where individuals' collective consumption of a shared resource may deplete or destroy it, despite knowing that it is against everyone's long-term interest.
Conformity
The process of aligning one's attitudes, beliefs, and actions with the norms, regulations, or expectations of a group or society.
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