A Business-Level Strategy Is Called Differentiation When a Firm Sets

question 45

True/False

A business-level strategy is called differentiation when a firm sets itself apart from the competition by adopting superior quality.

---

Definitions:

Succession Management

A strategic process to identify and develop potential leaders within an organization to fill key positions.

External Coaches

Professional advisors hired from outside an organization to provide personalized coaching and development services to its employees.

Organization

A structured group of people working together to achieve common goals through a division of labor and coordinated activities.

Succession Management Process

A strategy for identifying and developing future leaders at a company, ensuring a smooth transition for key positions.