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Based on Relative Competitive Scope (Broad Target to Narrow Target)and

question 162

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Based on relative competitive scope (broad target to narrow target) and source of competitive advantage (lower cost to differentiation) ,Porter's four generic business strategies are differentiation,cost focus,differentiation focus,and:


Definitions:

Software Development

The process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

Innovative Ways

Unique and creative methods to address challenges, solve problems, or improve processes and outcomes.

Problem-Solver

An individual or tool that identifies, analyzes, and provides solutions to problems logically and efficiently.

Plan of Action

A detailed strategy outlining the steps necessary to achieve a specific goal or objective.

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