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:

Member Satisfaction

The degree to which the expectations and needs of members within an organization or group are met or exceeded.

Team Viability

The capacity of a team to work together effectively over time, adapting to challenges and maintaining their performance and member satisfaction.

Personal Needs

pertain to the essential or very important requirements or desires of individuals that contribute to their well-being.

Self-managing Teams

Groups within an organization that operate without direct supervision, taking responsibility for their decisions, processes, and outcomes.