How to apply these derivative principles

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How to apply these derivative principles?

Recognize and apply the four derivative principles:

  • A business' critical success factors become less distinctive over time.
  • Cost leadership strategies tend to predominate as the industry evolves into a maturity stage.
  • Customers become less tolerant of "pain points" over time.
  • With slower growth, process-based improvements take on greater emphasis than product-based improvements.

Reference no: EM133167444

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