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With the Help of an Example, Explain Why a Company's

question 65

Essay

With the help of an example, explain why a company's competition may not be from companies in the same category.


Definitions:

Organizational Complexity

The degree of various elements and their interactions within an organization, making management and decision-making challenging.

Unknown Factors

Elements or conditions that are not known or cannot be predicted, which might affect the outcome of plans or projects.

Environmental Complexity

The degree to which an environment features diverse, unpredictable elements that affect an organization's performance and strategy.

Delay Risks

Potential disruptions in a project's timeline that can cause it to be completed later than originally planned.

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