Talent Management Involves Identifying and Developing Outstanding Performers Only in the Middle

question 27

True/False

Talent management involves identifying and developing outstanding performers only in the middle management.

Understand the four generic business strategies: Cost Leadership, Differentiation, Cost Focus, and Differentiation Focus.

Know the historical application of these strategies by examining case studies such as Henry Ford’s Model T production.

Identify characteristics of cost-leadership and differentiation strategies and how they target broad market segments.

Recognize cost focus and differentiation focus strategies and their targeting of specific market segments.