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Which of These Refer to Less-Expensive and Simpler Versions of Existing

question 94

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Which of these refer to less-expensive and simpler versions of existing products and services that target entirely new customers,many times replacing industry leaders?


Definitions:

Subsidiary Human Capital

Subsidiary human capital pertains to the skills, knowledge, and competencies of employees working within a subsidiary of a larger corporation, contributing to its competitive advantage.

Specific Location

A distinct or particular place or position.

Company Knowledge

The collective information, expertise, and skills possessed by a company's workforce, including its processes, products, and market insights.

Location-Specific Experiences

Activities or services offered that are unique to a particular geographical location, often used to attract tourists or consumers.

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