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Discuss the Concept of Competitive Advantage

question 145

Essay

discuss the concept of competitive advantage. Include discussion on quality and design thinking and their roles in sustaining competitive advantage. Give specific examples of companies and their respective competitive advantages to support your answer.


Definitions:

Attention Deficit Hyperactivity Disorder

A neurodevelopmental disorder characterized by patterns of inattention, hyperactivity, and impulsivity that interfere with functioning or development.

Ritalin

A stimulant drug commonly prescribed to treat Attention Deficit Hyperactivity Disorder (ADHD) and certain sleep disorders, characterized by improving attention and decreasing impulsiveness and hyperactivity.

Psychological Disorders

Psychological disorders are health conditions characterized by alterations in thinking, mood, or behavior associated with distress or impaired functioning.

1950s

A decade marked by post-World War II recovery, cultural conservatism, and significant technological and economic advancements.

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