A nation's competitiveness depends on the capacity of its industries to <u>innovate and upgrade</u> and thereby maintain its competitive advantage.
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What is competitive advantage?</h3>
- A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a ccompetitive advantage.
- These elements enable the producing unit to outperform its competitors in terms of sales or margins. Cost structure, branding, the standard of the product offers, the distribution system, intellectual property, and customer service are just a few examples of the variables that are thought to contribute to competitive advantages.
- Comparative and differentiated advantages are two types of competitive advantages.
- A corporation has a comparative advantage if it can create a product more effectively than a competitor, which increases profit margins.
- When a company's products are regarded as both distinctive and of greater quality than those of a competitor, this is known as having a differential advantage.
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The cultism causes are people search for responsibility, satisfaction of a person’s needs and wants. Security and finding social identity. The Effects are possibilities of death,abuse due to cult activities can disrupt schooling, expulsion and physical injuries. To curb the menace the federal government of Nigeria enacted the decree 47 of 1989 where any cultist guilty will be imprisoned. NGO’s also helped our in the campaign through educating students about what the fruits are and what it can do to themselves. There was also religions education where to seek enlightenment and spiritual awakening.
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Below are the choices that can be found from other sources;
sociocultural
economic
physical
<span>legal and regulatory
</span>
<span>Sociocultural challenges include differences in religion, attitude, personal communication, manners and customs</span>
Explanation:
Pre-talking stage / Cooing (0-6 months) ...
Babbling stage (6-8 months) ...
Holophrastic stage (9-18 months) ...
The two-word stage (18-24 months) ...
Telegraphic stage (24-30 months) ...
Later multiword stage (30+months
There are four main stages of normal language acquisition: The babbling stage, the Holophrastic or one-word stage, the two-word stage and the Telegraphic stage.