Quality Affects the Degree of Rivalry in That Firms Lacking

question 20

True/False

Quality affects the degree of rivalry in that firms lacking quality are likely to me more aggressive in their competitive actions until the quality problems are corrected.

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Definitions:

Competing Values Framework

A model used to assess organizational culture and effectiveness, which identifies four underlying values that compete with each other: internal focus and integration vs. external focus and differentiation, and flexibility and discretion vs. stability and control.

Adhocracy Culture

An organizational culture characterized by flexibility, employee empowerment, and an emphasis on innovation, often seen in dynamic and creative industries.

Flexibility

The quality of being able to adapt to new, different, or changing requirements.

Discretion

The freedom to decide or act according to one's own judgment.