Describe the Ways in Which Companies Gain a Competitive Advantage

question 97

Essay

Describe the ways in which companies gain a competitive advantage over other companies seeking the same customers.

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Definitions:

Development Taken

Refers to the process and progress made in a particular area, project, or aspect.

Aerobic Exercise

Physical activity that improves cardiovascular health by increasing the heart rate and maximizing the amount of oxygen in the blood.

Central Mechanisms

Refers to the fundamental processes or systems in the central nervous system that underlie functions such as perception, movement, and thought.

Self-Efficacy

An individual's belief in their own ability to succeed in specific situations or accomplish a task.