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Balanced Strategy Options
Strategies that balance different factors like risk, cost, and market opportunities.
Implications
Refers to the process of evaluating multiple strategies to ensure a balanced approach that mitigates risks and maximizes opportunities.
Example
Example: A company considering international expansion evaluates balanced strategy options by weighing market potential against political and economic risks in each target country.
Related Terms
Different from single-focus strategies, which may concentrate on one aspect (e.g., cost leadership), balanced strategies consider multiple factors for a well-rounded approach.
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