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Explain How Fluctuating Demand Impacts Business Markets Differently Than Consumer

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Explain how fluctuating demand impacts business markets differently than consumer markets.


Definitions:

360-degree Feedback

A feedback process where an employee receives confidential, anonymous feedback from the people who work around them.

Ambiguous Feedback

Unclear or vague information regarding performance or behavior that leaves recipients unsure about how to respond or improve.

Equity Theory

A theory that suggests individuals assess the fairness of their work outcomes in relation to their inputs compared to others.

Inequity

A lack of fairness or justice in situations, often related to the distribution of resources, opportunities, and treatment of individuals.

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