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The __________ Process Is Designed to Provide Answers to the Following

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The __________ process is designed to provide answers to the following types of questions: -What is the long-term direction of our business?
-What is the overall plan for deploying our resources?
-How do we achieve competitive advantage over rivals in order to achieve or maximize profitability?


Definitions:

Categories

Classifications or groups into which objects, ideas, or entities are organized based on shared characteristics or attributes.

Market Model

A theoretical construct representing the interactions between buyers and sellers in a market to determine prices and the distribution of goods and services.

Religious Activities

Practices, ceremonies, or observances related to a faith or belief system, often involving worship, rituals, and community gatherings.

Demand

In economics, the desire to purchase goods or services combined with the capacity to pay for them.

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