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Competitive Advantage Occurs When a Firm Has More Resources Than

question 63

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Competitive advantage occurs when a firm has more resources than its competitors.


Definitions:

Great Goals

Objectives that are ambitious, clear, and challenging, yet achievable, and that motivate individuals or teams to perform at their highest levels.

Specific

Clearly defined or identified; precise or particular in nature.

Timely

Occurring at a suitable or opportune moment, often with the implication of being precisely timed for its purpose.

Quantified Work Goals

Specific, measurable objectives related to work output that employees aim to achieve within a set time period.

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