A Differentiation Business Model Is Based on Pursuing a Set

question 66

True/False

A differentiation business model is based on pursuing a set of generic strategies that allows a company to achieve a competitive advantage by creating a product that customers perceive as different or distinct in some important way.

---

Definitions:

Ethnic Ghettos

Urban areas predominantly inhabited by members of a specific ethnic group, often as a result of social, economic, or legal pressures.

Discriminatory Practices

Actions that unjustly differentiate or segregate individuals on the basis of arbitrary distinctions such as race, gender, age, or sexual orientation.

Homogeneous Culture

A culture in which most members share similar values, beliefs, and social practices, leading to minimal cultural diversity.

Melting Pot

A metaphor for a society where many different types of people blend together as one.