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As noted in the Chapter 12 Strategic Focus, IBM is an example of a company with a succession plan as there are at least three candidates for the CEO position soon to be vacated by Sam Palmisano.
Product Market
The marketplace where a specific product is sold, encompassing the potential customers and competitors within that sector.
Workplace Giving
A program that enables employees to make charitable donations, often through payroll deductions, as part of a corporate social responsibility initiative.
Financial Benefit
The economic advantage or gain received as a result of specific actions, investments, or decisions.
Programming Element
A fundamental component or feature used in software development and design, contributing to the functionality of a program.
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