Why Do Different Names Exist Related to the Central Notion

question 49

Essay

Why do different names exist related to the central notion of competence, such as capability, distinctive competence, core competence, dynamic capability, etc?

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Definitions:

Statute of Limitations

Legislation that establishes a deadline by which legal actions must be commenced following an incident.

Oral Contracts

Agreements that are made verbally and not recorded in a written document, but are still legally binding.

Written Ones

Documents or agreements that are formally inscribed or recorded in written form.

Accord and Satisfaction

A legal settlement where a debtor offers payment less than the amount owed, and the creditor accepts this payment as full settlement of the debt.