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The Strengths and Capabilities of a Firm Are Enough to Enable

question 68

True/False

The strengths and capabilities of a firm are enough to enable it to achieve a competitive advantage in the marketplace.


Definitions:

Informal Group

A naturally occurring group formed by individuals within an organization based on personal relationships and common interests.

Cohesive Group

indicates a group characterized by strong bonds and unity among its members, often leading to improved cooperation and performance.

Informal Group

A group formed naturally by individuals within an organization based on personal relationships or shared interests rather than structured, official assignments.

Productive Work

Activities or tasks that contribute to the creation of goods or services and have economic value.

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