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Describe the two categories of global crisis management, giving recent examples. Using one recent example for each, discuss ways a company might manage the crisis to avoid disaster.
Sociological Factors
Social influences that affect individual behavior, choices, and societal trends, such as culture, ethnicity, and social networks.
Employment Discrimination
Unfair treatment or prejudice against employees or job applicants based on race, gender, age, religion, nationality, disability, or other protected characteristics.
Marginal Revenue Products
The additional revenue generated by employing one more unit of a resource.
Economic Models
Simplified representations of complex economic processes used to predict and analyze economic behavior and outcomes.
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