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If the nominal interest rate is 7 percent and the real interest rate is 2 percent,then what is the inflation rate?
Firm Strategy
The plan of action developed by a business to achieve its goals and to compete effectively in its market.
Organizational Success
The achievement of the objectives and goals set by an organization through effective strategy, management, and operations.
Environmental Scanning
The process of systematically gathering, analyzing, and interpreting external information that may impact an organization's plans and decisions.
Organizational Variables
Factors or characteristics within an organization that can influence its operations, culture, and outcomes.
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