Michael Porter Presented Four Ways in Which the Top Management

question 49

Essay

Michael Porter presented four ways in which the top management of an organization could select a business-level strategy for their organization. Discuss any two of these four ways of increasing the value of an organization's products and explain the advantages and disadvantages of the strategies that you choose.

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Definitions:

Whigs

A political party active in the 19th century United States that advocated for federal government support of internal improvements and a national bank.

Federal Government

The national government of the United States, created by the Constitution, that encompasses the executive, legislative, and judicial branches.

Welfare Of The People

The general health, happiness, and safety of the population, often considered a primary goal of government policies and social programs.

Liberty

The condition in society where one faces no oppressive limitations from authorities on their lifestyle, conduct, or political stances.