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In a market structure with low entry barriers, firms generally earn _____ economic profit in the long run.
Ethical Leadership
The practice of leading by demonstrating ethical behavior, and making decisions that reflect fairness, honesty, and respect for others.
Immediate Supervisor
The person who has direct authority over an employee and is responsible for managing their performance and day-to-day activities.
CEO
The Chief Executive Officer is the top executive in a company or organization, bearing the ultimate responsibility for decision-making.
Empowerment
The process of enabling or authorizing an individual or group to think, behave, take action, and control work in autonomous ways.
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