A Competence Confers Competitive Advantage

question 3

True/False

A competence confers competitive advantage.

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Definitions:

Intellectual Infrastructure

Encompasses the knowledge resources, institutions, and networks that support the creation, dissemination, and utilization of information and innovation.

Technological Factor

Technological factor relates to the impact that advancements and innovations in technology have on a business's operations, strategies, and competitiveness in the marketplace.

Internal Management

The administration and organization of a company's internal affairs, including human resources, operations, and policies.

Mode Of Entry

The strategy or method used by a company to enter into a new market or country for conducting business.