Examlex
Which of the following pairs represents theories whose applications tend to be consistent?
HRM Practices
The activities and strategies that human resource management professionals employ to manage and develop an organization's workforce.
Low-Cost Provider Strategy
A competitive strategy focusing on producing goods or services at the lowest cost compared to competitors to attract price-sensitive customers.
Differentiation Strategy
A business approach in which a company seeks to distinguish its products or services from competitors through unique features.
Strategic Planning
The process of defining a company's strategy or direction and making decisions on allocating resources to pursue this strategy, including its capital and people.
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