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During the Financial Crisis of 2007-2009

question 111

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During the financial crisis of 2007-2009


Definitions:

Environmental Factors

Elements or conditions in the surrounding environment that impact the functioning and behavior of individuals, organizations, or systems.

Aligning People

The process of ensuring that everyone in an organization understands its goals and strategies and works in harmony to achieve them.

Henri Fayol

A French engineer and management theorist known for developing one of the earliest theories of management.

Organizing

The act of arranging or structuring elements in a systematic way to achieve objectives and maintain order.

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