Business strategies built around functional capabilities and activities that allow the company to meet customer needs more rapidly than its main competitors are referred to as strategies.

The correct word for the blank space is:  Speed-based.

Explanation:

Speed-based strategies are focused on giving customer quick responses overall because of the technological changes being implemented in nowadays business world. The speed at which an organization can react to market changes has become a competitive advantage every organization must be able to develop to survive.

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;