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question 3

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Definitions:

Headquarters Budget

The financial plan for an organization's main office, allocating resources for its operations, projects, and administrative functions.

Cooperation Theory

A belief in cooperation and collaboration rather than competitiveness as a strategy for building teamwork.

Competition

Competition refers to the rivalry among businesses or individuals for resources, customers, or market share.

Micromanagement

An excessive control or attention to details in management, often to the extent of hindering the autonomy and development of employees.