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Why is an understanding of contract law important for a business person?
Transactional Work
Tasks or jobs that involve routine and standard processes where the input-output relationship is relatively direct and predictable.
Management's Time
Refers to how managers allocate their working hours among various tasks and responsibilities to effectively run an organization.
Core Competency
The primary area of expertise or strength of an organization or individual, which gives them a competitive advantage.
Competitive Advantage
A particular circumstance or characteristic that grants a company a dominant or advantageous position over its competition.
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