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– Nelson Mandela

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Organizations often use active recruitment, which seeks to identify the finest applicants regardless of their color, gender, ethnicity, or sexual orientation, in order to find the greatest workers (Do...

Week 1 Ethical Issues Essay
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Organizations often use active recruitment, which

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Taxes are the main source of government revenues. Through taxes, Government maintains its expenditure. A country whose revenues are more than the expenditures have a budget surplus, which is used in t...

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Taxes are the main source of government revenues.

Chap 14 Review Quest...
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Week 2 Learning Activity 2

Week 2 Learning Activity 2

Q What is a strategic group (in terms of the Porter concept of Strategic Group Map)? Can you illustrate a strategic group in a large consumer industry, such as automobiles, or soft drinks, or cell phones? This is not an easy activity, and you may need to search on line for some examples of strategic group maps. Please note that you should pay particular attention to the two dimensions (vertical axis and horizontal axis) that make up each map.

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A strategic group implies that there will be a formation of companies possessing similar strategic models. In other words, the companies which combine together in a group will combine different types of strategies and strategic models which will be combined in a manner in which all the strategies will always be observed to emerge from the chosen similar models. The companies will also be from a particular industry and not from different industries (Strategic Management, 2014).