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Explain the Four Combination Strategies That May Be Generated from the TOWS

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Essay

Explain the four combination strategies that may be generated from the TOWS Matrix.


Definitions:

Encrypted Payment Services

Services designed to secure digital transactions using sophisticated encryption technologies to protect sensitive information.

Internet Domain Name

A unique name that identifies an internet resource such as a website, characterized by an easily recognizable address used to access online information.

Customer Loyalty Programs

Marketing strategies designed to encourage customers to continue to shop at or use the services of a business associated with the program.

Marketing Website

Website whose main purpose is to increase purchases by visitors.

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