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You bring a package home from the department store and your dog immediately jumps on you to investigate it; your 3-year-old niece comes to visit and opens all your kitchen cupboards to see what is inside; on a television documentary program, you see a monkey trying to open a box left in its cage.All of these are examples of ________.
External
Referring to factors, forces, situations, or inputs that exist outside of the organization and can impact its performance and strategies.
Competitive Advantage
Competitive Advantage is a condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.
Patented Expertise
Specialized knowledge or skills that have been legally protected by patents, preventing unauthorized use.
Nuanced Product
A product designed with subtle differences or features that distinguish it from competitors, often aimed at catering to specific market needs.
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