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Discuss the Three Grounds on Which Companies Compete

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Discuss the three grounds on which companies compete.


Definitions:

Autonomy

Having control over your actions and life.

Peak Experience

A term used in psychology to describe a moment of intense joy, wonder, or euphoria, often leading to a feeling of fulfillment or transcendence.

Competence

The ability of an individual or organization to effectively perform or execute a particular task or job.

Positive Motivational Experiences

Experiences that positively reinforce an individual's desire to pursue a goal or engage in specific behaviors, enhancing motivation through rewarding outcomes.

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