Examlex
A firm that is pursuing ________ strategy is simultaneously trying to achieve low costs through location economies, economies of scale, and learning effects; and trying to differentiate its product offering across geographic markets.
Business Conditions
The state of the economic environment affecting the operations and profitability of companies.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Risk Aversion
The premise that most people prefer lower risk investments when expected returns are about equal.
NPV
Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment or project.
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