Two Fundamental Business Strategies Are ________

question 28

Multiple Choice

Two fundamental business strategies are ________.

• A) lowest cost and highest quality
• B) differentiation and turnaround
• C) lowest cost and differentiation
• D) lowest cost and turnaround

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Definitions:

Traditional Norms

Conventional rules and values that govern behaviors and practices within a society or group, typically passed down from one generation to the next.

Strain

In sociology, a term referring to the pressure that people feel when they are exposed to social structures that impede the attainment of culturally approved goals.

Social Movement

A collective effort by a large group of people to bring about or resist social change.

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate followers through their personal charm and persuasiveness.