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What are the two actions that firms pursuing the differentiation strategy may take?
Labour Standards Legislation
Laws and regulations that establish the minimum requirements for working conditions, such as hours of work, minimum wage, and safety standards.
Pay Equity Legislation
Laws and regulations designed to eliminate the gender pay gap by ensuring that men and women receive equal pay for work of equal value.
Human Rights Legislation
Laws enacted to protect individuals from violations of their rights by individuals, organizations, or governments.
Labour Market Constraints
External and internal factors that limit the availability, mobility, and efficiency of labour within the economy.
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