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If a Company Wants to Employ a Competitive Strategy,what Are

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If a company wants to employ a competitive strategy,what are their three strategic options?


Definitions:

Critical Path

The longest sequence of dependent tasks in a project, determining the shortest possible duration to complete the project.

Variance

A statistical measurement of the dispersion or spread in a set of data points, reflecting how much the numbers differ from each other and from the mean.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, with 1 indicating certainty.

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