Examlex
Public policy "decides," and public administration "does", thus they are integrally connected.
Primary Stakeholders
Individuals or groups directly affected by an organization's operations, including employees, customers, suppliers, and investors.
External Environment
Factors outside an organization that can affect its operation, such as economic, social, technological, and political conditions.
Sustainable Competitive Advantage
A long-term value that a company possesses, making it difficult for competitors to replicate or overcome, ensuring continued business success.
Low-Cost Leader
A company that can produce or offer goods and services at a lower cost than its competitors, often leveraging this advantage to dominate market share.
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