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Refer to the scenario above.What will be the difference in the GDPs per capita of both countries at the beginning of year 3?
Competitive Advantage
The attributes that allow a company to outperform its competitors, such as superior products, services, or efficiencies.
Patented Technology
Innovations or inventions that are legally protected by patents, preventing unauthorized use, replication, or sale.
Timely New Products
The strategic introduction of new products to the market at the most opportune moment to meet consumer demand and stay competitively relevant.
Environmental Uncertainty
Refers to the degree of unpredictability and complexity in an organization’s external environment, affecting its decision-making processes.
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