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Customers and competitors are two important sectors of the economic dimension of a firm's general environment.
Baby Boomers
A demographic group defined as individuals born between 1946 and 1964, currently entering or at retirement age.
Triadic Reciprocal Causation
A concept in psychology that suggests human behavior is influenced by interaction among personal factors, behavior, and the environment.
Social Cognitive Theory
A framework that emphasizes the role of observational learning, imitation, and modeling in the acquisition of new behaviors, with a focus on the dynamic interaction between individuals and their environment.
Operant Learning Theory
A theory of learning that emphasizes the role of reinforcement and punishment in shaping behavior.
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Q238: Allocating resources across the organization is part