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When the grapevine is active with rumors of cutbacks and layoffs,what type of communication may a supervisor use to calm the workforce?
Competition
The rivalry between businesses or individuals over customers, market share, and resources.
Business Model Canvas
A strategic management tool used to develop new or document existing business models, visually outlining a company's value proposition, infrastructure, customers, and finances.
Value Creation
The process through which businesses or organizations develop products, services, or experiences that are valuable to customers, thereby driving growth or profitability.
Idea Generation
The creative process of generating, developing, and communicating new ideas, which is the initial step in the innovation process.
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