Why Do Businesses Need to Have a Competitive Advantage? to Illustrate

question 24

Essay

Why do businesses need to have a competitive advantage? To illustrate your point, use a current business and show what competitive advantage they have and how it elevates their brand.

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Definitions:

Authoritarian

A leadership style characterized by individual control over all decisions and little input from group members, often involving strict rules and regulations.

Expatriates

Employees who are temporarily or permanently living and working in a country other than their native country.

Third-Country Nationals

Employees who are working in a country that is neither their home country nor the country of the company for which they work.

Host-Countries

Nations that host individuals, businesses, or events from other countries, often in the context of international business or sports events.