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In New Service Development,competitive Priorities Will Include the Which of Following

question 83

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In new service development,competitive priorities will include the which of following?


Definitions:

Radical Approach

An innovative or transformative strategy or methodology that significantly deviates from traditional practices.

Managing Costs

The process of planning, monitoring, and controlling the expenses associated with business operations to maximize profitability.

Major Improvements

Significant upgrades or enhancements made to processes, systems, or assets to increase efficiency, performance, or value.

EDI

Electronic Data Interchange, a system that allows the exchange of business documents and data across different companies electronically.

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