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Suppose Mail Boxes Etc. buys a new copier for its store for $1000. A year later, when the firm wants to upgrade to a new copier, it finds that the old copier is only worth $750. Over the year the copier was used, ________ has occurred.
Litigation Crisis
A crisis driven by a lawsuit (or the threat of one) that plays out in the court of public opinion as well as in the legal system.
Organizational Crisis
A critical event or point of decision that poses a significant threat to a business or institution and requires immediate action to prevent or mitigate damage.
Negative Outcomes
Unfavorable results or consequences that arise from a particular action or decision, often contrary to the desired or expected effect.
Performance
The act of carrying out a task or function, commonly evaluated in terms of its efficiency, effectiveness, and quality.
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