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Mindy Novak is writing a paper and he must determine which of Porter's three generic strategies Beulah's Boutiques has implemented. Mindy finds out that Beulah's Boutiques offers specialty products found only in boutiques around the world to affluent customers. What would Mindy determine Beulah's Boutiques is using as its generic strategy?
Partner
In a business context, an individual or another business entity that shares ownership of a company and is involved in its strategic decision-making processes.
Patents
Legal rights granted to inventors, providing exclusive use and control over their new inventions for a specific period.
Copyrights
Legal rights granted to creators over their original works, protecting them against unauthorized use for a limited time.
Trademarks
Legal symbols, names, or phrases used to represent and differentiate goods or services of one entity from those of others.
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