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In a short essay,describe the characteristics of a focus group,and list and discuss the basic steps to conducting a focus group.
Location-Specific Human Capital
Skills and knowledge acquired by workers that are particularly valuable in a specific geographic or organizational context.
Competitive Inertia
A state where a company is reluctant or unable to adapt to changes in the market, often resulting in lost competitiveness.
Cognitive Dissonance
A psychological phenomenon where an individual experiences discomfort due to holding contradictory beliefs, values, or attitudes.
Company-Specific Human Capital
The unique skills, knowledge, and experience possessed by an individual that are particularly valuable to their employer and not easily transferable to other organizations.
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