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Identify and briefly explain five types of offensive strategies.
Marginal Resource Cost
The extra expense resulting from the consumption of an additional unit of a resource.
CEO Pay
The compensation package awarded to the chief executive officer of a corporation, which may include salary, bonuses, stock options, and other benefits.
Competitive Labor Market
A market in which workers compete for jobs and employers compete for workers, resulting in the equilibrium wage rate being determined.
Principal-Agent Problem
A conflict in priorities between a person or group (the agent) making decisions on behalf of another person or group (the principal).
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