Examlex
Frequently,organizations refer to "intellectual capital" as their competitive advantage.What is "intellectual capital"?
Constructive Conflict
A type of conflict that leads to positive outcomes, encouraging growth and improvement.
Satisficing
A decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution, particularly when dealing with complex problems.
Scenario Planning
Scenario planning is a strategic planning method that organizations use to envision and prepare for various future possibilities.
Satisficing
A decision-making strategy that aims for a satisfactory rather than optimal solution by prioritizing the first option that meets a given threshold of acceptability.
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