Principles of Management
Principles of Management
OER 2019 Edition Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Question

Can you guys help me with this? Thank you!

Here is the article's title by Murray Stassen about the current event: 

Clemens Trautmann promoted to President of Deutsche Grammophon and New Business Strategy

This assignment requires the use of the concepts and theories learned to analyze a current event in the business world. It needs to be relevant to strategic management and has the quality of analysis of the situation from the article.

From this situation, which of these concepts and theories could be applied to? 

* Five Generic Competitive Strategies: 

+ Broad Low-Cost Strategy

+ Broad Differentiation Strategy

+ Focused Low-Cost Strategy 

+ Focused Differentiation Strategy 

+ Best-Cost Strategy 

* Ethical Universalism

* Ethical Relativism

* Corporate Social Responsibility 

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