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According to Michael Porter's Theory, Which of the Following Factors

question 15

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According to Michael Porter's theory, which of the following factors influences whether firms achieve competitive advantage?


Definitions:

Organizational Socialization

The method through which newcomers acquire the necessary attitudes, knowledge, skills, and behaviors to effectively operate within a company.

Leniency

The tendency to give employees a higher performance rating than they deserve.

Performance Rating

An assessment tool used to evaluate an individual's job performance, typically as a numerical or descriptive scale.

Employees

Individuals who are hired by a business or organization to perform work in exchange for compensation.

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