The Acronym ESC in 'ESC Gap Analysis Model' Stands For

question 37

Multiple Choice

The acronym ESC in 'ESC gap analysis model' stands for:

• A)environmentally sustainable capability
• B)economics-sociology-culture
• C)environment-strategy-capacity
• D)environment-strategy-capability

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Definitions:

Blue Ocean Strategy

A business strategy that encourages companies to create new demand in an uncontested market space or "Blue Ocean" rather than competing in saturated markets.

Differentiation

A marketing strategy that involves distinguishing a product or service from competitors to make it more attractive to a particular target market.

Lower Cost

A strategic advantage or objective involving reducing expenses to offer products or services at a competitive price point.

Marketing Plans

Structured strategies that outline the objectives, tactics, and measurement tools for achieving marketing goals within a specified timeframe.