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Describe what is open-book management in terms of decentralized control.
Shopkeeper
An individual who owns or manages a small retail business, selling goods to the public.
Low Price
A market condition where goods or services are offered for sale at a comparatively lower cost than usual.
Nonstrategic View
A perspective that does not involve planning or strategy, often focusing on immediate or reactive actions.
First-Mover
An enterprise that secures a leading position in the market by pioneering a new offering or service.
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