Examlex
Because the ERG model proposes that workers cannot revert back to lower-level needs from time to time,this model is more rigid than Maslow's hierarchy of needs.
Competitive Advantage
A situation or factor that gives a business an advantageous or dominant position over its rivals in the industry.
Monopolistic Market Position
A competitive standing where a single company or entity dominates the supply of a particular product or service in a market.
High Profits
Earnings that significantly exceed the costs and investments of a business, reflecting strong financial performance or market advantage.
Stakeholder Element
An aspect or component that is significant to the interests, concerns, or objectives of individuals or groups that have a vested interest in the outcome of a project or organization.
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