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Exam (elaborations)
GEB4890 Exam 1 Graded A Q&A Complete
Strategy - Answer-Set of action's that a company's managers take to outperform the company's 
competitors and achieve superior profitability-- competitive initiatives and business approaches 
Business Model - Answer-How the firm will make money: customer value proposition & profit formula 
Customer Value Proposition - Answer-Satisfying buyer wants and needs at a price that customers will 
consider a good value 
Customer Value Proposition is most attractive when value provided (V) is - Answer-...
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