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Define the Following Terms: Trafalgar

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Define the following terms: Trafalgar

Identify the characteristics and strategic implications of international strategies, including market entry modes and global integration efforts.
Comprehend the various functions of the primary value chain and their role in creating value.
Differentiate between strategic approaches such as low-cost leadership and differentiation strategy.
Understand the concept of value creation versus value capture and their impact on a firm's profitability.

Definitions:

Incremental Value

The additional value generated by undertaking a new project or decision, calculated as the difference between the value with and without the project.

Outstanding Stock

Outstanding stock is the total number of shares of a corporation that have been issued and are held by shareholders, including restricted shares owned by the company's officers and insiders.

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