Examlex
Different companies across different industries adopt any one of the five generic strategies to gain competitive advantage.Which of the following businesses is most likely to use a low-cost provider strategy?
Physical Fidelity
The degree to which a simulation or model accurately replicates the physical properties or characteristics of the real world system it represents.
Psychological Fidelity
The extent to which a training environment replicates the mental and emotional aspects of a real-life situation, enhancing learning transfer.
Training Method
A specific approach or technique used to convey knowledge or skills to learners.
Mixed-Modelling Strategy
An approach that combines various models, methods, or theories to address complex problems or analyze data in research.
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