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How Does Michael Porter Define Support Business Activities? What Do

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How does Michael Porter define support business activities? What do they include?


Definitions:

SWOT Analysis

A framework for identifying and analyzing the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

BCG Matrix

A strategic business tool used to categorize and evaluate the strategic position of business brand portfolios by growth rate and market share.

Strategic Marketing Plan

A detailed, researched strategy designed to achieve marketing goals within a specific timeframe, considering target markets and positioning.

Marketing Mix

A foundational concept in marketing, commonly referred to as the 4Ps: Product, Price, Place, and Promotion, used to consider the optimal mix of elements in marketing strategy.

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