Examlex
Broad differentiation,broad cost leadership,and _________ create the Three Generic Strategies identified by Porter.
Competitive Advantage
A condition or circumstance that puts a company in a favourable or superior business position compared to its competitors.
Adaptive and Flexible
The capacity to adjust and modify one’s behavior or operations in response to changing circumstances or environments.
Rigid
Referring to something that is inflexible or strict, with no room for adjustment or deviation.
Static Organizations
Refer to organizations that maintain stable structures, processes, and strategies over time, resisting change and innovation.
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