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Common stockholders have voting rights and can declare cash dividends.
Open Systems
An approach that views organizations as entities that interact with their environment, adapting and changing in response to external factors.
Intellectual Capital
The intangible value of an organization's knowledge, skills, innovations, and processes, contributing to its competitive advantage.
Knowledge Resides
The concept that information and understanding are located within individuals, groups, or systems.
Open System
An organization or entity that interacts with its environment by exchanging information, materials, and resources.
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