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Why were the Mediterranean and the Suez Canal considered the lifeline of the British Empire?
Strategy
A comprehensive plan guiding resource allocation to achieve long-term organization goals.
Lack of Participation Error
A situation in decision-making processes where not all relevant parties are included, which can lead to suboptimal outcomes and reduced acceptance of decisions.
Strategic Planning
The process of defining an organization's strategy and making decisions on allocating its resources to pursue this strategy.
Key Persons
Individuals who hold critical importance within an organization or project, often due to their skills, knowledge, or position.
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