Examlex
Explain how strategy determines how an organisation might use its resources to gain a competitive advantage.
Policy Formulation
The development of strategies and guidelines to address specific issues within an organization or a government.
Implementation
The process of putting plans, policies, or systems into action or effect within an organization or structure.
Sustainable Competitive Advantage
A long-term advantage that a company possesses, making it more competitive than others and difficult to replicate.
Labour Market
The supply of available workers in relation to available employment.
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