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The ability to use available resources more efficiently than a competitor is often referred to as "resource optimization" or "operational efficiency." This involves maximizing output while minimizing input costs, thereby enhancing productivity and profitability. Companies that excel in this area can allocate their resources—such as time, money, and labor—more effectively, allowing them to respond swiftly to market demands and gain a competitive edge. Ultimately, this leads to improved performance and sustainability in a competitive landscape.

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What is difference between entrepreneur and leader?

Entrepreneur is one who risks time and money to create a new business. A Leader is one who rises above the rest and directs in the right path. In business terms it's usually a manager's role. Leader - A person who has the ability to recognize a need/deficiency, ability to differentiate between the most important goals from those that can and should wait, ability to design a solution that can be implemented with the resources he/she has available, ability to obtain currently unavailable resources to achieve the outlined goal, use his/her drive and ambition to implement the goal using the resources and people around him, and then show others how the goal solved the predetermined problem and then clearly state what the next goal is and why. Entrepreneur - A person who has the ability to recognize a need/deficiency, ability to differentiate between a useful need and an idea that can be a successful business, design a solution, use his/her drive and ambition to implement the solution , and then profit from that solution to the desired level of the entrepreneur.


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D. Capacity


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