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Functional Strategy Centers on How a Firm Will Compete in a Given

question 53

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Functional strategy centers on how a firm will compete in a given industry and will position itself against its competitors.


Definitions:

Processor

The component of a computer system that performs the instructions of a computer program.

Executable File

A type of computer file that contains a program or piece of software that can be run or executed on a computer.

Data File

A digital file that stores data in a structured format, allowing for efficient processing and manipulation by software applications.

Manipulate

To skillfully operate or handle an object, system, or piece of data, often to achieve a desired outcome.

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