Briefly Define Each of the Following Terms

question 27

Short Answer

Briefly define each of the following terms:
a.Strategy
b.Sustainable competitive advantage
c.Business model

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Definitions:

Conflict

A situation or period of struggle or disagreement between people with opposing needs, beliefs, or interests.

Prolonged Period

Refers to a time span that extends longer than usual or expected.

Rousseau

Jean-Jacques Rousseau, a Genevan philosopher, writer, and composer of the 18th century, known for his influential thoughts on education and social contract theory.

Hobbes

An English philosopher, best known for his political philosophy that includes the social contract theory found in his work "Leviathan."