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Candy is a cosmetics company that markets the Palm Palette-all the make-up a "girl-on-the-go" needs without a cumbersome make-up bag.It comes in three shades-glam,funky,and girlies.Hard Candy targets women who are twenty somethings.Which one of Porter's generic business strategies does Hard Candy use?
Production Possibilities Curve
A curve depicting all maximum output possibilities for two goods, given a set of inputs and technology.
Unemployment Rate
The fraction of the labor market actively in pursuit of work but is currently jobless.
Opportunity Cost
The expense associated with giving up the second-best choice in favor of opting for the preferred alternative in any decision-making process.
Production Possibilities Frontier
A graph that represents the highest possible production levels for two or more products, based on available inputs such as resources and labor.
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