Identify and Describe the Four Building Blocks of Competitive Advantage

question 45

Essay

Identify and describe the four building blocks of competitive advantage. Provide an example of each using a real company situation.

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Definitions:

Probable Cause

A reasonable basis for believing that a crime may have been committed, justifying further investigation or the issuance of a warrant.

Tort

A civil wrong that causes a claimant to suffer loss or harm, leading to legal liability for the person who commits the tortious act.

Classifications of Crimes

The categorization of criminal offenses based on their nature, severity, and the laws they violate.

Diversion Program

In some jurisdictions, an alternative to prosecution that is offered to certain felony suspects to deter them from future unlawful acts.