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3 Cards in this Set

  • Front
  • Back

4 definitions of organizations

1. Social entities, that are 2. Goal directed, 3. Designed as deliberately structured and coordinated activity systems, and 3. Linked to the external environments

Competitive Advantage

Condition or circumstance that pits a company in a favourable or superior business position

Value Creating Process

Inputs (raw materials, people, information resources, financial resources) go through a transformation process and become outputs (products and services)