Companies Without the Core Competencies in Their Value Chain Activities

question 24

True/False

Companies without the core competencies in their value chain activities and support functions are still able to implement successfully a either a cost leadership or a differentiation strategy,although they cannot implement an integrated cost leadership/differentiation strategy.

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Definitions:

Goal-Sharing Plans

Compensation strategies designed to incentivize employees by sharing financial benefits when specific organizational goals are achieved.

Attendance Incentives

Programs or rewards designed to encourage and increase employee attendance and punctuality.

Absenteeism

Absenteeism is the frequent absence from work or other obligations without valid reasons, affecting productivity and efficiency.

Gain-Sharing Plans

Incentive plans that reward employees for contributing to a company's increased productivity or profitability.