Examlex
Which of the following statements is correct about power distance?
Sustainable Competitive Advantage
A long-term value that a company possesses, making it difficult for competitors to replicate or overcome, ensuring continued business success.
Low-Cost Leader
A company that can produce or offer goods and services at a lower cost than its competitors, often leveraging this advantage to dominate market share.
Human Resources (HR) Triad
Refers to the three key roles or functions within HR: strategic partner, employee advocate, and change champion.
Stakeholders
Individuals, groups, or organizations that have a vested interest in the performance, decisions, and success of a company or project, including employees, investors, customers, and suppliers.
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