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Whether by Implementing a Strategy of Differentiation or One of Cost

question 19

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Whether by implementing a strategy of differentiation or one of cost advantage, the common objective of a company is


Definitions:

Inspiration

The act of being psychologically motivated to take action or to experience a certain feeling, particularly in relation to creative endeavors.

Ideation

The innovative procedure of producing, evolving, and sharing novel concepts.

Implementation

A process involving the testing of assumptions of new ideas to continuously shape them into viable opportunities.

AEIOU Framework

Acronym for Activities, Environments, Interactions, Objects, and Users—a framework commonly used to categorize observations during fieldwork.

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