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Appendix 4
Lexicon of Key Terms
Below we have listed the key terms that we use throughout the
book. We only explain terms that aren’t broadly used in general
business language. For all terms, we refer for further explanation
to chapters in this book, one of our earlier books, or other books
or articles. Terms in the explanations that appear in italics are
further explained in separate lemmas.
TABL E A 4 -1
Activity system
The combination of the core sources of
differentiation and their key supporting
activities, which jointly encompass the
competitive advantage of a company. See
chapter 2 of this book.
Adjacency
A business within a company that ...