Examlex
The three generic strategies that Michael Porter believes a firm can use to overcome the five forces and achieve competitive advantage include overall price leadership.
Leadership Style
The characteristic manner and approach of providing direction, implementing plans, and motivating people.
Participative Style
A leadership or management approach that involves input and involvement from group members in decision-making processes.
Micromanagement
A management style characterized by excessive control or attention to details, often to the detriment of overall performance.
Management Openness
A set of leadership behaviors particularly relevant to subordinates’ motivation to voice their opinion.
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