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Competitive Advantage
A unique attribute or set of attributes that allows an organization to outperform its competitors, often leading to greater sales or market share.
Henry Ford
An American industrialist and founder of the Ford Motor Company, who revolutionized factory production with his assembly-line methods.
Automobile Industry
The global industry involved in the design, development, manufacturing, marketing, and selling of motor vehicles.
Cost-Leadership Strategy
A competitive strategy focusing on producing goods or services at the lowest cost to outprice competitors.
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