Which Is Not One of the Listed, Common Reasons for Why

question 14

Multiple Choice

Which is not one of the listed, common reasons for why people resist change?

• A)loss of identity
• B)loss of face
• C)loss of focus
• D)excessive personal uncertainty
• E)more work

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Definitions:

Generic Strategies Model

The Generic Strategies Model is a framework developed by Michael Porter that outlines three strategies organizations can use to achieve competitive advantage: cost leadership, differentiation, and focus.

Focused Cost Leadership

A strategic approach where a company aims to be the lowest-cost producer in a particular niche or segment, offering prices lower than competitors while targeting specific customer groups.

Differentiation

In business, the process of making a product or service distinct from competitors in the market, often by emphasizing unique features or benefits.

BCG Matrix

A strategic business tool designed by the Boston Consulting Group to help organizations analyze their product lines or business units for decision-making purposes.