Examlex
Determine whether the statement is true or false.
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Market Competition
The rivalry among businesses to attract customers, aiming to increase market share by offering better products, prices, or services.
Contingency Decision
Decision-making that is undertaken to address unexpected events or emergencies, typically involving alternative plans or actions.
Emergency Plan
A set of procedures designed to take action and manage responses during emergencies, aiming to mitigate harm and ensure safety.
Nonprogrammed Decision
A decision made in response to situations that are unique, poorly defined and largely unstructured, and have important consequences for the organization.
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