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Resources Are the Source of Capabilities,some of Which Lead to the Development

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Resources are the source of capabilities,some of which lead to the development of core competencies; in turn,some core competencies may lead to competitive advantage.


Definitions:

Primary Aging

The gradual and inevitable process of bodily decline that occurs throughout life, independent of disease or environmental factors.

Genetically Programmed

Refers to traits or behaviors that are determined by an individual's genetic make-up.

Global Economics

The field that analyzes the interconnected economies of the world, including international trade, finance, and market trends.

Developing Countries

Nations with a lower standard of living, undeveloped industrial base, and lower Human Development Index compared to developed countries.

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