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How Can a Firm Be Successful by Pursuing a Differentiation

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How can a firm be successful by pursuing a differentiation strategy? What are some of the risks associated with a differentiation strategy?


Definitions:

Low Self-Esteem

A negative evaluation of oneself, characterized by feelings of unworthiness, inadequacy, or inferiority.

Health Maintenance

Activities and lifestyle choices aimed at preserving good health and preventing disease.

Functional Neurological Disorder

A medical condition where patients experience neurological symptoms without a clear structural problem in the nervous system, often linked to psychological stress.

Buddy System

A safety measure in which two people, the "buddies," agree to keep an eye on each other and provide assistance when needed, often used in risky environments or activities.

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