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The nurse manager is working with a group of new nurses.The new nurses ask questions about leadership and the role of a manager in leading nursing.The manager shares the desire to have engaged staff nurses who participate in a team environment.What is the manager describing?
Differentiation
A strategy employed by businesses to distinguish their products or services from those of competitors, often through unique features, branding, or quality.
Competitive Strategies
Techniques and plans that a company adopts to attract customers, withstand competitive pressures, and strengthen an organization’s market position.
Competitive Edge
A distinct advantage that allows an organization to outperform its competitors.
Cost Leadership
A business strategy aiming to achieve the lowest operational costs within an industry, enabling the company to offer lower prices than competitors and gain market share.
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