Examlex
The database approach to data management is sometimes called the flat-file approach.
Resources
Assets, materials, or other items of value that can be used to produce goods and services or to achieve objectives.
Porter's Strategy
Refers to competitive strategies introduced by Michael Porter, including cost leadership, differentiation, and focus strategies aimed at gaining competitive advantage.
Competitive Advantage
An advantage over competitors in some measure such as cost, quality, or speed; leads to control of a market and to larger-than-average profits.
Virtual Reality
An interactive computer-generated experience taking place within a simulated environment, incorporating mainly auditory and visual, but sometimes other types of sensory feedback.
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