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Discuss the Risks Associated with Each of These Forms of Competitive

question 44

Essay

Discuss the risks associated with each of these forms of competitive advantage-cost leadership, differentiation, and focus.


Definitions:

Digital Assistant

An AI-based tool that can understand natural language and perform tasks or services for an individual, such as answering questions or organizing schedules.

CAM Technology

Computer-Aided Manufacturing technology which utilizes software and machinery to facilitate and automate manufacturing processes.

Bring Your Own Device (BYOD)

A policy permitting employees to use their personal devices for work purposes.

Online Productivity Software

Cloud-based applications and tools designed to help users create, edit, manage, and share documents and tasks over the internet.

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