Explain How the Activities of a Firm Help in Achieving

question 9

Essay

Explain how the activities of a firm help in achieving a competitive advantage.

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Definitions:

Ethical Leadership

A leadership style guided by moral principles, emphasizing honesty, integrity, fairness, and respect for others.

Moral Ownership

The perception or feeling of being ethically responsible for an action or decision.

Underlying Values

Fundamental beliefs or principles that drive behaviors and decision-making.

Multiple Stakeholders

The involvement of various parties or groups, each with vested interests or concerns, in a particular project, policy, or business operation.