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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:

Provincial Human Rights Laws

Regulations specific to a province that protect individuals against discrimination and promote equality.

Independent Boards

Governing bodies made up of members who do not have a conflict of interest with the organization, ensuring unbiased decision-making.

Federal Tribunal

A high-level court in a federal system responsible for interpreting federal laws and regulations, often with jurisdiction over disputes between states or between a state and the federal government.

Pay Equity Legislation

Laws designed to eliminate wage disparity between workers performing jobs of equal value, regardless of gender or other discriminatory factors.

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