Porter Offers the Notion That Business Strategies May Be Divided

question 43

True/False

Porter offers the notion that business strategies may be divided into two broad dimensions: cost and differentiation.

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Definitions:

Norms

Shared expectations and rules that guide behavior of people within social groups, organizations, or cultures.

Adjourning

The final stage in Tuckman's model of group development, characterized by the completion of task objectives and dissolution of the group structure.

Performing

The way in which a team is invested towards achieving its goals and operates as a unit.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone in the group to identify solutions for problems.