The difference between a "generic" and a "contextual" best practice is?
A)The concepts are identical in practice
B)Generic best practices should work for any firm in the industry, while contextual practices work only when combined with the original player's other practices
C)Generic best practices are rare, whereas contextual practices are beneficial only when combined with other practices
D)None of the above

Question

Quizplus · Accepted Answer

Generic best practices are those that should work for any firm in the industry, regardless of their specific context or situation. Contextual best practices, on the other hand, are those that are tailored to a specific firm's unique context, and often only work effectively when combined with the firm's other practices. Therefore, the main difference between the two is that generic best practices are more broadly applicable, while contextual best practices are more specific to a particular firm's situation.

The Difference Between a "Generic" and a "Contextual" Best Practice