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The competence-performance gap is likely to be larger when
Shareholder
An individual or organization that owns shares in a corporation, thus holding a portion of the company's stock.
Board Of Directors
A group of individuals elected to represent shareholders and make decisions on major company issues, such as corporate policy, hiring executives, and overseeing management.
Market Rate Of Return
The average rate of return anticipated from an investment relative to the market as a whole.
Required Return
The minimum expected return by investors for assuming the risk of investing in a particular asset or project.
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