Examlex
According to Piaget, when children encounter something familiar, they ________ it; when they encounter something new, they ___________ it.
Resource-Based View
A perspective in strategic management that focuses on the importance of a firm's internal capabilities in achieving competitive advantage.
Strategy Development
The process of defining an organization's direction, making decisions on allocating resources, and pursuing actions to achieve long-term goals.
Market-Based View
A strategic perspective that emphasizes the importance of external market conditions in shaping a firm's strategy and competitive advantage.
Industry Attractiveness
The desirability of an industry to firms and investors, based on factors like profitability, growth potential, and competition levels.
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