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Is It Possible in Large Organizations That Top Managers Do

question 46

Essay

Is it possible in large organizations that top managers do not have full knowledge of their firm's competencies?


Definitions:

Internal

Pertaining to or situated within something; intrinsic.

External

Originating from outside, not inherent or internal to an entity or individual.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person’s mind when evaluating a specific topic, concept, method, or decision.

Media Coverage

The reporting, broadcasting, or publishing of news and information by various media outlets, such as television, radio, newspapers, and the internet.

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