Simplify. -

question 46

Multiple Choice

Simplify.
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Definitions:

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.