According to Porter, Which Two Competitive Dimensions Are the Keys

question 95

Essay

According to Porter, which two competitive dimensions are the keys to business-level strategy?

---

Definitions:

Transactional Leadership

A leadership style that focuses on supervision, organization, and performance; transactional leaders promote compliance through rewards and punishments.

Socialized Charismatic Power Orientation

A leadership style where the leader's influence is rooted in their ability to inspire and empower others, based on shared values and ethical principles.

Power Distance

A cultural dimension that reflects the extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally.

Charisma

A personal quality that enables an individual to attract, inspire, and influence others through their presence and communication style.