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What Do We Mean When We Say That Small Businesses

question 64

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What do we mean when we say that small businesses fail because of managerial inadequacy?


Definitions:

Job Context

The work environment and conditions under which a job is performed, including physical surroundings, job roles, organizational culture, and external influences.

Psychological Contract

The set of individual expectations about the employment relationship.

Additional Authority

Additional power or authorization granted to an individual or organization to make decisions or take action.

Job Enrichment

A method of motivating employees by adding more meaningful tasks and responsibilities to their job roles, enhancing job satisfaction.

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