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Discuss Reasons Why Informal Communication Plays a Growing Role in an Organization

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Discuss reasons why informal communication plays a growing role in an organization.


Definitions:

Global Fashion Leaders

Refers to companies, designers, or brands with significant influence on international fashion trends and markets.

Fashion Shows

Events organized to showcase new clothing designs from one or more fashion designers to the public, media, and industry insiders.

Low-Cost Strategy

A business strategy that aims to gain a competitive advantage by reducing operational costs below those of competitors.

Differentiation Strategy

A business approach where a company offers unique products or services to stand out from competitors.

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