Examlex
Name two retired names of hurricanes.
Competitive Advantage
The attributes that allow an organization to outperform its competitors, including cost structure, product offerings, brand reputation, and customer service.
Market Segment
A distinct group of customers within a broader market, defined by specific characteristics such as needs, preferences, or behaviors.
Cost Leadership Strategy
A business approach aimed at becoming the lowest-cost producer in an industry for a particular level of product quality.
Managerial Controls
Mechanisms or techniques used by management to direct, monitor, and measure the performance of resources and processes towards achieving organizational goals.
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