A(n) _____ Represents a Category and Helps Us Identify Important

question 202

Multiple Choice

A(n) _____ represents a category and helps us identify important features of the world.

• A)algorithm
• B)heuristic
• C)kinesthetic image
• D)concept

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Definitions:

Bogged Down

Hindered or slowed down by difficulties; stuck or immobilized by complications or complexity.

Details

Specific or minor pieces of information that collectively form a comprehensive picture of a situation, object, or plan.

Generic Competitive Strategies

Framework described by Michael Porter that outlines three potential strategies for achieving competitive advantage: cost leadership, differentiation, and focus.

Competitive Environment

The dynamic external system in which businesses compete with each other for customers, resources, and market share.