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What are three reasons for a competitive equilibrium not being Pareto-optimal? What two questions arise
from these inefficiencies?
Socialization Process
The manner in which individuals acquire the necessary knowledge, skills, and behaviors to become effective members of a society or particular organization.
Strong Cultures
Characterizes organizations with deeply ingrained values, beliefs, and practices that are widely shared and strongly upheld by members, influencing behavior and decision-making.
Rituals
Established sequences of activities or behaviors that are conducted in specific circumstances, often bearing symbolic meaning.
Cultural Message
An idea or set of values conveyed through cultural symbols, practices, or artifacts, reflecting the beliefs of a particular community.
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