According to Porter, __________ Refers to Producing Goods and Services

question 76

Multiple Choice

According to Porter, __________ refers to producing goods and services more efficiently than the competition.

• A) cost leadership
• B) differentiation
• C) focus
• D) excellence

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Definitions:

Implicit Leadership Theory

suggests that people have beliefs and expectations about the characteristics, behaviors, and traits that make an effective leader.

Competency Theory

a theory that suggests that individuals are most effective when their competencies, including knowledge, skills, and attributes, align with the demands of their job.

Symbolize Vision

To symbolize vision means to represent or embody an organization's goals, aspirations, or guiding principles in a tangible or recognizable form, enhancing alignment and inspiration among stakeholders.

Walking The Talk

Refers to individuals or organizations behaving in a manner consistent with their proclaimed values and principles.