Examlex
Systematic methods for collecting information about the marketing environment include ________ ________ and ________ ________.
Bogged Down
Hindered or slowed down by difficulties; stuck or immobilized by complications or complexity.
Details
Specific or minor pieces of information that collectively form a comprehensive picture of a situation, object, or plan.
Generic Competitive Strategies
Framework described by Michael Porter that outlines three potential strategies for achieving competitive advantage: cost leadership, differentiation, and focus.
Competitive Environment
The dynamic external system in which businesses compete with each other for customers, resources, and market share.
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