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Use the fact situation in Q9 to answer the related question that follows. Assume that in the contract there was a term that provided that Albert would no longer be bound by the contract.In this case,the retail store will most likely
Flexibility
The ability to adapt to changes, shift strategies or approaches, and handle unexpected challenges effectively.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale.
S.T.E.P. Approach
A strategic planning model that stands for Social, Technological, Economic, and Political - considering these factors when analyzing external environments for strategic planning.
Open-Book Management
A management strategy where employees are provided with company financial information to involve them in decision-making processes.
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