Demonstrate How a Company Can Add Value by Using Porter's

question 38

Essay

Demonstrate how a company can add value by using Porter's value chain analysis.

Recognize the significance of time (chronemics) in communication across different cultures.

Grasp the concept of interpersonal and organizational networks and their influence on business dynamics.

Acknowledge the role of political skill in navigating workplace relations and achieving organizational goals.

Understand the use of space (proxemics) and environmental factors (like Feng Shui) in organizational settings.

---

Definitions:

Small Business

A privately owned company with fewer employees and less annual revenue compared to regular-sized businesses, playing a crucial role in the economy.

Quality Employees

Workers who consistently perform at a high level of competency and productivity, contributing positively to the organization’s goals.

Eustress

Positive stress which results from motivating challenges and leads to improved performance.

Distress

The negative consequences and components of stress.