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What Is the Connection Between the Competitive Advantage of a Firm

question 15

Essay

What is the connection between the competitive advantage of a firm and the competitive advantage of a nation? In a short essay, explain the nature of the relationship between firms and nations.


Definitions:

Repression

A defense mechanism by which distressing thoughts, memories, or impulses are excluded from conscious awareness.

Physically Abused

Experiencing harm or injury to one's body caused by another person through violent behaviors or actions.

Defence Mechanism

Psychological strategies brought into play by the unconscious mind to protect an individual from anxiety or social sanctions.

Displacement

In psychology, a defense mechanism where negative feelings or desires are transferred from the original source to a more acceptable or less threatening target.

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