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A Small Austrian Fishery Firm Wanted to Expand into a New

question 13

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A small Austrian fishery firm wanted to expand into a new region of the country,but was in competition with a bigger,more established firm.The smaller firm,however,was successful in developing and maintaining key political relationships and were ultimately granted the necessary government permits.Which of the following was key to the smaller firm's success?


Definitions:

Information Overload

A state where an individual or system is overwhelmed by the quantity of information available, making processing and decision-making difficult.

Noise

Unwanted or disruptive sounds; in communication, it refers to any interference that distorts or hinders the clear transmission of a message.

Organizational Culture

The collection of values, expectations, and practices that guide and inform the actions of all team members within an organization.

Disciplined

Refers to the practice of training oneself to act in accordance with a set of rules or a code of behavior, often leading to improved efficiency or performance.

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