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Solnik ["Why not diversify internationally?" Financial Analysts Journal, 1974] estimates that the systematic risk of a diversified portfolio of U.S. stocks can be reduced by about half by including international stocks in the portfolio.
Unitary Decision-Maker
signifies an individual or entity that makes decisions singularly without the need for consensus or input from others.
Organizational Process Model
A framework that describes how business processes are structured and managed within an organization to achieve its goals.
Seamlessly Allied Organizations
Organizations that are perfectly integrated or united in purpose, action, or function without noticeable boundaries or disruptions.
Individual Leaders
Refers to people who take on leadership roles within an organization or group, characterized by their ability to inspire, motivate, and guide others towards achieving specific goals.
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