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An investigator examines the factors that influence an outcome and creates a system diagram indicating the direction and magnitude of the impact of factors without requiring a demonstration of cause-and-effect relationships. This is an example of which of the following approaches?
Resource Suppliers
Entities or individuals that provide the essential materials, equipment, or services required by an organization to conduct its operations.
Strategic Management
The process of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.
Future Planning
The process of setting goals and outlining strategies and actions to achieve those goals, considering predictions about future conditions and challenges.
Unrelated Diversification
A growth strategy where a business expands into areas that are different from its core operations.
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