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Phil recently read about the derailed managers study. Being a first-line manager and aspiring to climb the management ladder, Phil wants to avoid the mistakes involving working effectively with and through others identified in the study. Which of the following does he need to work on?
Shareholders
Individuals or entities that own shares in a corporation and have potential voting rights and the possibility of dividends.
Stakeholders
Individuals or groups that have an interest, financial or otherwise, in the performance and actions of an organization or project.
Bandwagon Fallacy
The misleading argument that something is true, good, or desired because many other people believe in it or do it.
Argumentum Ad Baculum
A logical fallacy in which an argument is made through appeal to force or threat instead of reason.
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