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The Three Forces That Shape Decision Making, Products and Services

question 26

Short Answer

The three forces that shape decision making, products and services, beliefs, and relationships with people inside and outside the organization are the organization's ____________, ____________, and ____________.


Definitions:

Business's Weaknesses

Internal factors and characteristics that limit a business's ability to achieve its objectives and reduce its competitive edge.

Simple Business Plan

A straightforward, concise document outlining the core aspects of a business, including objectives, strategies, and financial forecasts.

Competitive Analysis

The process of evaluating the strengths and weaknesses of competing entities within the same industry to strategize for competitive advantage.

Business Model Canvas

A strategic management tool that allows companies to describe, design, challenge, invent, and pivot their business model.

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