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Gross domestic product (GDP) is not a perfect measure of welfare because it:
Market Survey
A research method used to collect information about consumers' needs and preferences in a specific market.
Business Plan
A detailed document outlining the strategy, objectives, financial projections, and operational guidelines for a business to achieve its goals.
Managerial Competencies
The skills, knowledge, and abilities required by managers to effectively perform their roles.
Management Processes
The series of actions and methodologies implemented by an organization's leadership to achieve its objectives and maintain operational efficiency.
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