According to Porter, the Way to Create Superior Value Is

question 32

True/False

According to Porter, the way to create superior value is to drive down the cost structure of the business and/or differentiate the product in some way so that consumers value it more.

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Definitions:

Legal Intentional Discrimination

Actions that unlawfully treat individuals or groups unfavorably based on their personal characteristics, such as race, gender, or age, with deliberate intent.

Human Rights Legislation

Laws and regulations designed to protect individuals against discrimination and ensure equality in various aspects of life, including the workplace.

Reward Performance

The practice of recognizing and compensating employees based on their work performance, often aimed at motivating and retaining talent.

Poor Productivity

Lower than expected or desired output or efficiency from a worker or group of workers, affecting overall organizational performance.