A Differentiation Strategy Also Creates Benefits Relative to Potential New

question 52

True/False

A differentiation strategy also creates benefits relative to potential new entrants.

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Definitions:

Knowledge Management

The practice of capturing, organizing, sharing, and analyzing an organization's knowledge in order to achieve objectives.

Virtual Teams

Groups of individuals who work together from different geographic locations, connected by electronic communications technology.

Self-Directed Teams

Teams that manage themselves without the need for direct supervision, including planning, executing, and monitoring their work.

Substantial Autonomy

Describes a significant level of independence or self-direction that an individual or unit has to make decisions.