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What is the probability density function for the time it takes a technician to fix a computer problem?
Narrow Range
A situation where variations or differences within data points, options, or outcomes are minimal or significantly limited.
Blue Ocean Strategy
A business strategy that focuses on creating new market spaces (blue oceans) where there is no competition, as opposed to competing in existing industries (red oceans).
Competitive Advantage
A situation or factor that places a company in an advantageous or dominant position over its rivals in the business.
SWOT Analysis
A strategic planning technique used to identify and assess Strengths, Weaknesses, Opportunities, and Threats.
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