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After reading Governor Bradford's account,which is the most accurate statement,given his experience?
Budget
An estimate of income and expenditure for a set period of time, often used by businesses and governments to plan financial activities and resource allocations.
Strategy
A high-level plan or set of actions designed to achieve long-term objectives or overall goals in a competitive context.
First-Mover Advantage
The competitive advantage gained by a company that first introduces a product or service to the market, often leading to high brand recognition and customer loyalty.
Prospector
A strategy or role in business or management characterized by a focus on innovation, risk-taking, and the exploration of new markets or opportunities.
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