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In a Short Essay, Describe How the Contingency Variable of Environmental

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Essay

In a short essay, describe how the contingency variable of environmental uncertainty might affect management style.


Definitions:

Economic Development

The process through which a nation improves the economic, political, and social well-being of its people.

Saving and Investment

The act of setting aside income for future use and the use of those savings for purchasing capital goods or financial assets.

Productivity of Labor

The measure of output per worker or per hour worked, indicating how effectively labor inputs are converted into goods or services.

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