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Firm-Specific Sources of International Competitiveness Stem from the Characteristics of the fiRm's

question 71

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Firm-specific sources of international competitiveness stem from the characteristics of the firm's routines, knowledge and/or assets.


Definitions:

HRM Practice

Human Resource Management practices involve strategies, policies, and systems that manage people within an organization's work environment.

Pay Secrecy

The practice of discouraging or prohibiting employees from discussing their salaries with coworkers.

Focus Strategy

A competitive strategy where a business targets a specific niche in the market, catering to the unique needs of its segment.

Marketplace

A physical or digital space where buyers and sellers interact to exchange goods, services, or information.

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