What Is a Competitive Advantage? What Makes a Competitive Advantage

question 102

Essay

What is a competitive advantage? What makes a competitive advantage sustainable?

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Definitions:

Foolish Conformity

The act of aligning one's thoughts or actions with a group's norms or expectations in a way that is considered thoughtless or without critical examination.

Peer Pressure

The influence exerted by a peer group, encouraging individuals to change their attitudes, values, or behaviors in order to conform to group norms.

Belongingness Needs

A psychological condition highlighted in Maslow's hierarchy of needs, where individuals seek acceptance, affection, and affiliation with groups.

Brain Anatomy

The study of the structure of the brain, including its various parts, such as the cerebrum, cerebellum, and brainstem, and their functions.