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An exaggerated or oversimplified generalization used to describe or distinguish a group is called
Small Business
A privately owned and operated business, usually characterized by small number of employees and modest revenue.
Larger Business
A larger business is an expansive and typically more established enterprise, often characterized by a vast array of resources, a diverse product or service line, and a considerable employee base.
Competitive Advantage
An attribute or ability that allows an organization to outperform its competitors, often leading to greater sales or margins.
Inertia
A tendency to do nothing or remain unchanged, often leading to stagnation.
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