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What is most likely to lead one to adopt a simplified, short-cut decision-making strategy that is likely to violate the rational model?
Stakeholders
Individuals or groups that have an interest, investment, or impact on an organization’s actions and outcomes, including employees, customers, suppliers, and investors.
Task Environment
The immediate external factors including competitors, customers, and suppliers that directly impact an organization's operations and performance.
Generational Cohort
A group of individuals born and raised in the same historical period, sharing similar social, political, and economic influences.
Sustainable Business
A business model that operates in ways that do not deplete natural resources or harm the environment, ensuring long-term ecological balance.
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