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The ___ Operates on the Reality Principle; the ___ Operates

question 10

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The ___ operates on the reality principle; the ___ operates on the morality principle; the ___ operates on the pleasure principle.


Definitions:

Supply-Chain Strategy

The planning and management of all activities involved in sourcing, procurement, conversion, and logistics to maximize customer value and achieve a sustainable competitive advantage.

Low Cost Strategy

A competitive business approach focusing on achieving the lowest operational costs and, consequently, offering products or services at lower prices than competitors.

Response

A set of values related to rapid, flexible, and reliable performance.

Differentiation

The process of distinguishing a product or service from competitors to make it more attractive to a particular target market.

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