Examlex
To earn a satisfying return in a declining industry a firm must have:
Two-Way Communication
A form of communication where information flows in both directions, allowing for exchange, feedback, and dialogue between parties.
Power Distance
A dimension of cultural variability that describes the extent to which less powerful members of institutions and organizations accept and expect that power is distributed unequally.
Cultural Dimensions
Theoretical frameworks that describe the effects of a society's culture on the values of its members, and how these values relate to behavior.
Authority Distribution
The way power and decision-making responsibilities are allocated within an organization or societal structure.
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