To Prevent Piracy Companies Are Developing New __________ but Counterfeiters

question 78

Short Answer

To prevent piracy companies are developing new __________ but counterfeiters are relentless in overcoming the most sophisticated security measures.

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Definitions:

Cost-Leadership Strategy

A competitive strategy focusing on producing goods or services at the lowest cost to outprice competitors.

Differentiation Strategy

A generic business strategy that requires products to have significant points of difference to charge a higher price while targeting a broad array of market segments.

Significant Points

Major or important aspects, factors, or considerations in a given context, such as key arguments in a discussion or essential features of a project.

Market Segments

Subsections of a market composed of individuals or organizations sharing one or more characteristics that cause them to have similar product needs.