Identify a recent technological advance that provides an opportunity to gain a competitive advantage

A) CVVP analysis
B) discounted cash flows
C) predictive analysis
D) economic order quantity (EOQ)

Answer: C

Business

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Indicate whether the statement is true or false.

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What is the first step in the strategic management process?

A) formulating a strategy B) asking, "Where are we now as a business?" C) evaluating the strategic plan D) implementing an environmental scan

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