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For Each of the Generic Strategies¾cost Leadership,differentiation,and Focus¾describe One Advantage

question 33

Essay

For each of the generic strategies¾cost leadership,differentiation,and focus¾describe one advantage and one disadvantage.


Definitions:

Environmental Factors

External elements including climate, geography, and human influences that affect individuals and societies.

Present Environments

The current external and internal contexts within which individuals, organizations, or systems operate.

Future Environments

Refers to scenarios or conditions that are likely to occur in the future, impacting societies, technologies, economies, and the natural world.

Organization's Design

Refers to the structured arrangement of roles, responsibilities, and processes within an organization to achieve its goals efficiently.

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