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What is the population standard deviation (σ) for this set of data? 42, 50, 45, 37
SWOT Analysis
A strategic planning technique used to identify and assess Strengths, Weaknesses, Opportunities, and Threats.
Blue Ocean Strategy
A marketing theory that suggests companies are better off searching for ways to gain "uncontested market space" than competing with similar companies.
Differentiation
Differentiating a product or service to enhance its appeal to a chosen market segment.
Lower Cost
The strategy or condition of achieving a reduction in expenses, leading to a competitive pricing advantage or higher profit margins.
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