Examlex
Why is it important for firms in the same industry to choose distinct but different strategic positions?
Social Position
The rank or status of an individual within the hierarchy of society, often determined by factors such as occupation, income, education, and family background.
Slave-Labor System
An economic system that relies on the forced labor of enslaved individuals, historically used in the Americas for agricultural and other labor-intensive activities.
Free Blacks
African Americans who were not enslaved, living freely in the United States especially before and during the Civil War, often facing legal and social restrictions.
Skilled Laborers
Workers who have specialized training or expertise in a particular trade or job, often requiring specific qualifications.
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