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According to the Pygmalion Effect,leaders Who Have Little Faith in Their

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According to the Pygmalion effect,leaders who have little faith in their followers' ability to accomplish a goal are rarely disappointed.


Definitions:

Procurement

The process of obtaining goods and services, including sourcing, negotiating, and strategic selection.

Buyback Contracts

Agreements where a seller commits to repurchase the product from the buyer at a specified price under certain conditions.

Variable Cost

A cost that changes in proportion to the level of output or activity in a business.

Supply Chain Surplus

Supply chain surplus is the difference between the value a product provides to the customer and the costs of the supply chain in delivering the product.

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