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A(n) _______________ Strategy Is a Competitive Strategy by Which a Firm

question 39

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A(n) _______________ strategy is a competitive strategy by which a firm develops unique products or services from those of its competitors, or makes radical business changes that may alter the fundamental nature of the industry.


Definitions:

Third-Party Intervention

A process where an external entity is involved in resolving disputes, negotiations, or conflicts between parties.

Straight Ranking

A method used in performance appraisals where employees are ranked in order from best to worst on some characteristic.

Sales Manager

A professional responsible for directing and overseeing a team of salespeople, setting goals, and developing strategies to increase sales performance.

Forced Distribution

A performance management system where employees are ranked in accordance with a pre-determined distribution curve.

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