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In his books on Competitive Strategy, __________ discusses generic strategies driven by keeping costs down and prices competitive, leading by differentiation (e.g., excellence in quality or innovation) , or when appropriate, niche positioning.
Available-for-sale Security
A financial instrument held by a firm not classified as held-for-trading or held-to-maturity, and thus can be sold before maturity.
Management's Intent
Refers to the objectives and plans of the organization's management, often used to guide decisions and strategy.
Exchange Rate
The value of one currency for the purpose of conversion to another, determining how much one currency is worth in terms of another.
International Customer
A client or buyer who purchases goods or services from a business located in a different country.
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