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An Organization's Culture Consists of Its Terminal Values and the Modes

question 25

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An organization's culture consists of its terminal values and the modes of behavior it encourages.


Definitions:

Competitive Advantage

The attribute that allows an organization to outperform its competitors, including factors like superior quality, cost leadership, or innovative capabilities.

Factory System

An organizational method for manufacturing that involves workers and machinery in one location to produce goods on a large scale.

Guaranteed Profit

A commitment or assurance, often not feasible, that an investment will yield a positive return.

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