4. Positive external trends or changes that provide unique and distinct possibilities for innovating and creating value are called _____________.
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opportunities i guess pls
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They are called Opportunities.
- These are external favourable trends or developments that offer distinctive and distinct opportunities for innovation and value creation.
- These are external characteristics that might provide a company/firm a competitive advantage.
- If a government lowers tariffs, a car manufacturer, for example, can export its vehicles to a new market, boosting sales and market share.
- Thus, these are the openings or chances for something positive to take place.
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