What Is the Starting Point for Establishing a Competitive Position

question 2

Multiple Choice

What is the starting point for establishing a competitive position?

• A) Establish the venture concept
• B) Engage in competitive intelligence work
• C) Map out your customer positioning strategy
• D) None of the above

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Definitions:

Work Processes

The series of activities and tasks that are carried out in order to achieve a specific outcome within an organization.

Functional Departments

Divisions within an organization, each specialized in certain functions such as marketing, finance, or human resources, to ensure operational efficiency.

Functional Structure

Is an organizational design that groups employees based on their functional roles or specializations, such as marketing or finance.

Dysfunctional Conflict

A type of conflict that is destructive, hinders goal achievement, and typically arises from poor communication, misunderstandings, or personal issues between individuals or groups.