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Which is generally NOT true of differentiation?
a. Difficult to sustain basis of differentiation in the long run.
b. Relentless efforts of competitors to duplicate differentiation.
c. Key areas of application include research and development, marketing/sales and after-sale services.
d. It is a challenge to identify attributes that are valued by customers in each market segment.
e. Inability to pass on suppliers' price increases to buyers.
Organization
An entity comprising multiple people, such as an institution or an association, that has a particular purpose.
Formal Organization
The official, legitimate, and most visible part of the system.
Logical Thinking
A method of reasoning in a structured and systematic manner to arrive at valid conclusions based on factual premises.
Employee Bonding
The development of strong, positive relationships among coworkers that can enhance teamwork and morale within the workplace.
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