A _______________ Strategy Is a Competitive Strategy by Which a Firm

question 10

Short Answer

A _______________ strategy is a competitive strategy by which a firm seeks to become a low-cost producer of products and services in the industry.

---

Definitions:

Comparable Worth

The concept that jobs of equal value to an organization should receive equal pay, regardless of the gender or minority status of the job holders.

Valence

The value an individual places on the expected outcome of an action or behavior, which can influence their motivation.

Instrumentality

In the context of motivation theory, the belief that a certain behavior will lead to achieving a desired outcome or reward.

Positive Instrumentalities

The belief that if one performs well, this will lead to valued outcomes or rewards.