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Which of the following statements a) , b) or c) is false?
Creative Ideas
Novel and innovative thoughts or concepts, especially ones that can be implemented to solve a problem or improve a situation.
Innovative Concepts
Original ideas or approaches that break from the norm or introduce new possibilities in products, services, or business models.
Competitive Advantage
The favorable position a business achieves through offering superior value to its customers as compared to competitors, often leading to greater sales or margins.
Cost Leadership
A strategic approach where a company aims to become the lowest-cost producer in its industry, often leading to competitive pricing.
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