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When Referring to Different Organizational Responses to Uncertainty, as Long

question 57

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When referring to different organizational responses to uncertainty, as long as a defender's primary technology and narrow product line remain competitive, it can be successful.


Definitions:

Output

Output is the total amount of goods or services produced by a person, machine, business, or country.

Average Costs

Average costs refer to the total cost of production divided by the number of units produced, indicating the cost of producing each unit.

Marginal Costs

The cost added by producing one additional unit of a product or service.

Diseconomies of Scale

The phenomenon where production costs per unit increase as the scale of operation expands.

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