Please Define the Following Key Terms

question 25

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-civil society

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Definitions:

Competitive Advantage

A condition or circumstance that places a company in a superior business position compared to its competitors, often resulting from unique resources, capabilities, or strategies.

Advantage

A favorable or beneficial condition, circumstance, or position that improves one's ability to achieve success.

Competitors

Entities that compete within the same market, offering similar products or services to the same customer base.

Competitive Advantage

Competitive advantage occurs when a business possesses a unique feature, capability, or position that allows it to outperform competitors.