Examlex
Imagine you could choose to work for either a conventional news outlet or one that has adopted more of a social responsibility model. What qualities would you find most appealing and unappealing about each option? Which would you end up choosing and why?
Differentiation Strategy
A business approach where a company develops unique products or services to stand out from competitors.
Organic Structure
An organizational format that is flexible, with low levels of formalization, wide spans of control, and decentralized decision-making.
Centralized
A system or organization where decision-making and the control of activities are concentrated in a central location or group.
Cost Leadership Strategy
A business approach aimed at becoming the lowest-cost producer in an industry to gain a competitive advantage.
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