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Explain How the Concepts of Competitive Inertia and Strategic Dissonance

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Essay

Explain how the concepts of competitive inertia and strategic dissonance are related to the strategy-making process. Explain the importance of gathering input regarding strategic plans from multiple levels of management.


Definitions:

Express Waiver

An express waiver is the voluntary, intentional relinquishment of a known right, articulated clearly and explicitly.

Cure Defects

The process of correcting errors or deficiencies in a product or construction project to meet the specified standards or contractual obligations.

Inspect Goods

The process of examining and verifying the quality, condition, and compliance of products with agreed-upon standards before acceptance.

Conforming Goods

Products that meet the specifications and standards mentioned in a contract of sale.

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