Key Terms Instructions: Please Define the Following Key Terms. Show Who

question 23

Short Answer

Key Terms
Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
extraterritoriality

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Definitions:

Defender Strategy

A business strategy focusing on defending existing market niches, maintaining stable growth, and protecting market share from competitors.

Adaptation Model

The adaptation model is one popular approach to business strategy where a business seeks ways to adapt to its environment.

Little Uncertainty

Situations in which outcomes or expectations are relatively clear and predictable, minimizing the need for guesswork or speculation.

Personality

Is the relatively stable set of psychological attributes or traits that distinguish one person from another. Some organizations believe that one or more particular personality traits may relate to how well an employee can perform a certain job or type of job.