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A(n) ________ forecasts technology trends and evaluates and experiments with new technologies.
Four Actions Framework
A strategic model used in business to create new value for customers and differentiate from competitors by systematically considering which factors to eliminate, reduce, raise, and create.
Strategic Focus
A business approach that involves prioritizing and concentrating efforts and resources on the most critical areas that will drive success.
Competitive Environment
The external surroundings that involve all rivals, their strategies, strengths, and weaknesses, affecting a company's market position.
Resources
The assets, capabilities, processes, information, and knowledge that an organization uses to improve its effectiveness and create and sustain competitive advantage.
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