FIGURE EX 12-1 
Item 1 in Figure EX 12-1 above shows a ____.
Definitions:
Competitive Environment
The external surroundings that involve all rivals, their strategies, strengths, and weaknesses, affecting a company's market position.
Resources
The assets, capabilities, processes, information, and knowledge that an organization uses to improve its effectiveness and create and sustain competitive advantage.
Relationships
Connections or associations between people, groups, or entities, often based on interactions, feelings, or business dealings.
Patents
Legal documents that grant inventors exclusive rights to their inventions, preventing others from making, using, or selling them without permission.
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