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Of the Governor's Formal Powers, None Is More Important Than

question 18

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Of the governor's formal powers, none is more important than budgetary responsibilities.


Definitions:

Existing Capabilities

The current skills, technologies, processes, and resources that an organization possesses.

PEST Analysis

A strategic management tool used to evaluate the Political, Economic, Social, and Technological external factors affecting an entity.

Sociocultural Factors

Sociocultural factors are the social, cultural, and environmental influences that affect individuals' behaviors, attitudes, and preferences, impacting societal norms and individual interactions.

Technological Factors

Aspects related to innovations, inventions, and technological advancements that can affect the operations, opportunities, and threats to a business.

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