Examlex
Why is a firm that possesses valuable resources that are not rare is not in a position of advantage relative to competitors?
Private-Sector Workers
Employees who work for businesses or organizations that are not owned or operated by the government.
Private Sector
The part of the economy that is run by individuals and companies for profit and is not controlled by the government.
Government Sector
The part of the economy that is controlled by the government, including all public services and governmental agencies.
Unionization
The process by which workers join together to form a union, a collective organization to negotiate higher wages, better working conditions, and other benefits with their employers.
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