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-In the above figure, CBL is the cost of breaking the law. If it is illegal to sell, but not illegal to buy, then the price per unit will be
Strategic Farsightedness
The ability of an organization to look beyond immediate challenges and plan for long-term opportunities and risks.
Flexible Structure
An organizational framework that can quickly adapt to changes in the environment, allowing for innovation, scalability, and responsiveness.
Management Team
A group of individuals who work together to manage an organization, make strategic decisions, and ensure the company achieves its goals.
Management Synergy
When combined management efforts result in a performance greater than the sum of their individual effects, leading to increased efficiency and productivity.
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