Examlex
A company using this competitive strategy seeks to offer a product or service that is completely unique from other competitors in their market segment.
Top Down Fashion
An approach or process that begins from the highest level of a hierarchy or system moving towards the lower levels.
Long-Range Planning
The process of setting long-term goals and strategies, often extending five or more years into the future.
Annual Budget
A financial plan for a year that outlines projected income and expenditure for an organization or department.
Capital Expenditure Budget
A budget for planned expenditures on long-term assets that will provide value in the future, such as equipment or buildings.
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