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Additional Case 1.3
Your company sells high-tech products throughout the world and is following a differentiation business strategy. The business environment for the company is volatile, rapidly changing, and highly complex. The company is highly entrepreneurial and has a strong moral commitment to quality products, employee job satisfaction, and corporate social responsibility. The management team has decided to create a common company culture among the various national and international subsidiaries.
-Refer to Additional Case 1.3.The company's differentiation strategy is a type of:
Structural Equation Modelling Technique
A statistical methodology used for testing and estimating causal relationships using a combination of statistical data and qualitative causal assumptions.
Qualitative Models
Analytical models that focus on understanding patterns, themes, and narratives in data, often used in decision-making processes.
Quantitative Models
Mathematical and statistical models that use quantifiable data to represent reality, often for the purpose of prediction or analysis.
Structural Equation Models
Statistical models used to test or estimate the relationships among multiple variables, often in social science research.
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