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Porter's Five Forces Model Outlines the Process for a Sales

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Porter's Five Forces Model outlines the process for a sales strategy.


Definitions:

Continuous Variables

Variables that can take on an infinite number of values within a given range.

Example

An example is a specific case or instance used to illustrate or explain a rule, concept, or situation, helping to clarify or exemplify a particular point.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

System Contains

Referring to the components, elements, or processes that are included within a defined system.

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