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Which strategy generally entails large research and development expenditures?
Competencies
A set of defined skills, knowledge, abilities, and attributes that are needed to perform a job effectively.
Strategic Focus
Emphasizes the long-term planning and prioritization of resources and activities towards achieving overarching goals and objectives in an organization.
Financial Savings
The portion of income not spent on current expenditures or taxes, often set aside for future use or investment.
Advanced Technology
Cutting-edge or highly developed technology that offers superior performance or capabilities compared to existing solutions.
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