Michael Porter Defines Three Basic Strategies: Cost Leadership,differentiation,and Focus

question 22

Essay

Michael Porter defines three basic strategies: cost leadership,differentiation,and focus.Describe each,explain under what conditions each works,and what the pitfalls are of each one.

Comprehend the role of the cerebellum in coordination and balance.

Understand the components and functions of the limbic system in learning, emotion, memory, and motivation.

Describe the structure and separation of the cerebral cortex and its involvement in higher order brain functions.

Differentiate between the autonomic nervous system's subdivisions and their roles in regulating involuntary body functions.

---

Definitions:

Primary Circular Reactions

A development stage in infants characterized by repetitive actions upon their own body, intended for the pleasure and sensory exploration these actions provide.

Sensorimotor Period

A stage in early childhood (from birth to about 2 years of age) where learning occurs through sensory experiences and manipulating objects.

Assimilation

Assimilation is a cognitive process where individuals integrate new information into existing frameworks or schemas.