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Define Competitive Advantage and Explain How It Relates to Competing

question 15

Essay

Define competitive advantage and explain how it relates to competing internationally.


Definitions:

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Affects

Refers to the experience of feeling or emotion in psychological context.

Social Networks

The structures made up of individuals or organizations that are connected by one or more types of interdependencies, such as friendships, kinships, common interests, financial exchanges, or relationships of beliefs.

Cognitive Imagery

The mental process of generating visual or sensory representations of objects, scenes, or events to aid problem-solving, preparation, or understanding.

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