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Generic Operational Strategies - Operation Strategy
Porter (1985) presented five basic generic strategies for business:
1. Cost efficiency - low cost leadership strategy
2. Differentiation strategy - be different from the competition in at least one key aspect of the buyers purchasing criteria
3. Focus on a particular market segment strategy - be the best in the market in which you specialise
4. A quality strategy - be a quality leader and have an innovation strategy - be the leader on product characteristics - usually through technological innovation.
How would you explain the contracting process to someone who had never heard of organizational development, why is this important. Describe how an organization might select an org
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Porter's Five Forces Model and the implications of the Competitive advantage of Nations' research on this model
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