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Define the Difference Between a Competitive Advantage and a Sustainable

question 59

Essay

Define the difference between a competitive advantage and a sustainable competitive advantage.


Definitions:

Compliance Programs

are structured plans implemented by organizations to ensure adherence to legal statutes, regulations, and internal policies.

Formal Ethics

The explicitly stated moral rules and principles that govern behaviors within an organization or society.

Ethical Misconduct

Behaviors or actions that go against moral principles and professional standards.

Personal Preference

An individual's inclination or liking for specific choices or options over others.

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