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Explain why economic profits in all perfectly competitive markets will tend toward zero in the long run.
Organizational Constraints
Limitations or restrictions within a business or organization that affect its processes and employees' performance, such as budget cuts, staffing limitations, or policy restrictions.
Task Commitment
The dedication and effort put into completing a task or achieving a goal, often characterized by persistence and a strong sense of responsibility.
Neutralizers
Factors that minimize or negate the influence of leadership on followers' performance and attitudes.
Leadership
The act of guiding or directing a group towards achieving a common goal.
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