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Organisations Pursuing a Differentiation Strategy Often Try to Develop a Competitive

question 29

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Organisations pursuing a differentiation strategy often try to develop a competitive advantage based on product


Definitions:

Self-actualization

The realization or fulfilment of one's talents and potentialities, considered as a drive or need present in everyone.

Self-efficacy

Self-efficacy is the belief in one's ability to succeed in specific situations or accomplish a task.

Rational Restructuring

A cognitive therapy technique aimed at identifying and changing irrational or maladaptive beliefs that can lead to negative emotions.

Psychological Congruence

Psychological Congruence refers to a state where an individual's self-concept, experiences, and reality are in harmony, enhancing personal wellbeing and authenticity.

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