Examlex
When Mr.Goetz writes on the chalkboard,he often leaves letters like a,e,or o uncompleted.However,his students are able to fill in the missing visual information thanks to the Gestalt principle of ____.
Legal/Regulatory
Pertaining to laws, regulations, and legal standards that govern the operations, actions, and compliance requirements of individuals and organizations.
Generic Competitive Strategies
Frameworks proposed by Michael Porter that describe three potential strategies to achieve a sustainable competitive advantage: cost leadership, differentiation, and focus.
Competitive Advantage
A scenario or element that positions a business in a stronger or more favorable spot relative to its competitors.
SWOT Analysis
A strategic planning tool used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats, to gauge internal and external factors affecting its objectives.
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