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Competitive Advantage
An attribute or set of attributes that allows an organization to outperform its competitors.
Operational Efficiency
The ability of an organization to minimize input and expenditure while maximizing output, thereby optimizing performance.
Quality Standards
Set of criteria within an industry that define the acceptable level of product or service quality to ensure customer satisfaction.
Specification
Detailed and precise descriptions of the requirements, characteristics, or standards that a particular material, product, or service must meet.
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