Examlex
Competitive advantage refers to the set of decisions and actions used to formulate and implement strategies.
Financial Viability
The ability of an entity or project to manage its expenses and generate sufficient revenue to continue operating effectively.
Residential Neighborhoods
Areas primarily containing housing where people live, often differentiated by types of housing, socioeconomic status, and urban planning.
Externalities
Negative or positive impacts on third parties stemming from business operations, which are not accounted for in the pricing of products or services.
Market Equilibrium
A state in a market where the quantity supplied equals the quantity demanded, leading to a stable market price and no excess supply or demand.
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