Examlex
Which country nationalized the oil industry in 2005?
Competitive Advantage
The distinctive qualities or situations that enable a company to surpass its rivals in performance.
Higher Rates
Refers to the increased costs or interest rates often associated with loans, investments, or other financial products.
Interest
The cost paid for borrowing money, typically expressed as an annual percentage rate.
Emergent Strategy
A strategy that unfolds in response to unexpected opportunities and challenges, rather than being planned from the start.
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