Examlex
Which measure of central tendency can be used for both numerical and categorical variables?
Survive
To continue to live or exist, especially in spite of danger or hardship.
Porter's Generic Strategies
A framework devised by Michael Porter that outlines three strategic options for businesses to gain competitive advantage: Cost Leadership, Differentiation, and Focus.
Market Scope
Describes the extent and range of products and services a business offers, as well as the geographic and demographic characteristics of the market it aims to serve.
Competitive Advantage
Competitive advantage is the attribute that allows an organization to outperform its rivals, gained through offering greater value to consumers or operating more efficiently.
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