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The plastic arrow on a spinner for a child's game stops rotating to point at one of four colours that will determine what happens next.Determine whether the following probability assignment is legitimate.
Probability of ...
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.
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