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Discuss the I/O Approach in Relation to Competitive Advantage

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Discuss the I/O approach in relation to competitive advantage.


Definitions:

Terrestrial Life

Organisms that live and thrive on land as opposed to in water or air.

Plants

Multicellular organisms, primarily using photosynthesis for energy, characterized by green leaves and structural components like stems and roots.

Algae

Simple non-flowering plants, including seaweeds and many single-celled forms, that typically conduct photosynthesis within aquatic environments.

Stromatolites

Layered structures formed by the accumulation of sedimentary grains bound by biofilms of microorganisms, particularly cyanobacteria, dating back to the Precambrian era.

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