What Are the Four Competitive Strategies According to Porter's Model

question 25

Essay

What are the four competitive strategies according to Porter's model?

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Definitions:

Values

Fundamental beliefs or principles that influence an individual's actions and decisions, often serving as a guide for personal conduct and relationships.

Ethics

The branch of philosophy dealing with values relating to human conduct, with respect to the rightness and wrongness of certain actions and the goodness and badness of the motives and ends of such actions.

Corporate Social Responsibility

A company's commitment to operating in an ethical, sustainable manner, focusing on environmental, social, and governance issues.

Organizational Behavior Topics

Various subjects that study human behavior within professional settings, including motivation, leadership, and team dynamics.