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A scientist studying work groups in businesses has found a positive correlation between the average social identity of the members of a group and the group's task performance. How should such a relationship be interpreted?
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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