Examlex
Please define the following key terms.
-the United Kingdom
Competitive Advantage
The attributes that allow an organization to outperform its competitors, including cost structure, product offerings, market positioning, and customer service.
Skills and Technologies
The abilities and knowledge that individuals have, along with the tools and machines they use, to perform specific tasks or solve problems.
Competencies
A set of defined skills, knowledge, abilities, and attributes that are needed to perform a job effectively.
Strategic Focus
Emphasizes the long-term planning and prioritization of resources and activities towards achieving overarching goals and objectives in an organization.
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