Craftsmanship and Customization Are Examples Of

question 51

Multiple Choice

Craftsmanship and customization are examples of:

• A) a fragmented industry strategy.
• B) a generic strategy.
• C) a supra-strategy.
• D) a risk strategy.

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Definitions:

Legitimate Power

Power that is officially sanctioned by an organization or institution, and is accepted by members as rightly exercised.

Reward Power

The ability of a person to influence others' actions, behaviors, or attitudes by offering them something desirable.

Salary Raises

Incremental increases in wages given to employees, typically as a reward for performance, tenure, or to adjust for market conditions.

Competence

The ability to perform work tasks successfully.