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Helen proposed a new theory of child development.Using this theory,she has successfully described and explained past behaviours but she is unable to predict or explain new observations.How should Helen's theory be categorized?
Competitive Advantage
The conditions that allow a company or country to produce goods or services more effectively than competitors.
Minimising Costs
Strategies and practices implemented to reduce expenses and manage financial resources efficiently within an organisation.
Portfolio Planning
A strategic process that involves making investment decisions to balance risk against performance, often in the context of project or product portfolios.
Corporate-Level Strategy
The top-level strategic planning and decision-making that guides the overall direction, scope, and ambitions of a corporation.
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