Examlex
Explain the differences between culture, subculture, and social class.
Prospector Strategies
Business strategies focused on growth and innovation, seeking out new markets, opportunities, and technologies to maintain competitive advantage.
Porter's Generic Strategies
A framework that outlines three strategies businesses can use to achieve competitive advantage: cost leadership, differentiation, and focus.
BCG Matrix
A strategic business tool to help organizations analyze their product lines or business units for strategic decision-making.
Strategy Formulation
The process of defining an organization's strategy or direction and making decisions on allocating resources to pursue this strategy.
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