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Which of the following is not a characteristic of strategic management that makes it different from other types of management?
Open Ended Wrenches
Tools with a U-shaped opening that grips two opposite faces of the bolt or nut, allowing for manipulation in tight spaces.
Spike
A Spike denotes a sudden, sharp increase in metrics such as prices, demand, or network traffic, usually temporary and often in response to an event or announcement.
Customizable Products
Goods that can be modified or tailored according to customer preferences or specific requirements, often to meet unique needs or tastes.
Competitive Strategy
A long-term plan formulated by a company to gain a competitive advantage over its rivals in the industry, focusing on strengths, market positioning, and customer value.
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