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Building Layers of Advantage,searching for Loose Bricks,changing the Rules of Competitive

question 20

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Building layers of advantage,searching for loose bricks,changing the rules of competitive engagement,and collaborating are elements of Hamel and Prahalad's framework for:


Definitions:

Managerial Accounting

A type of accounting focused on providing financial information to managers within organizations to aid in decision-making and business strategy planning.

Cost Accounting

A method of accounting that focuses on calculating, recording, and analyzing all costs incurred by a business in producing goods or services.

Open-Book Accounting

A management approach where detailed financial information is shared with employees to help them understand the financial performance and make better decisions.

Cash Flow

The total amount of money being transferred in and out of a business, representing its financial health.

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