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Explain the Importance of Creating Sustainable Strategic Competitiveness

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Explain the importance of creating sustainable strategic competitiveness.


Definitions:

Two-part Pricing

A pricing strategy that involves charging a fixed fee plus a variable usage fee.

High-end Professional

An individual who provides specialized and highly skilled services, often commanding high fees for their expertise.

No-name Brand

Products that are not branded with a well-known or recognizable brand name, often sold at lower prices.

Surplus

An excess of production or supply over demand, often resulting in a decrease in prices.

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