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What Postural Distortion Is Known as a Swayback

question 43

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What postural distortion is known as a swayback?

Identify and explain the forces of competition within industries.
Distinguish between business plans and strategic plans and their purposes.
Recognize the significance of a mission statement in business.
Analyze the concept and sustainability of competitive advantage.

Definitions:

Systematic Change

A long-term strategy that changes the organization's culture and attitudes, and employees' values, with the goals of reducing costs and enhancing quality.

Time Horizon

The length of time over which an investment, project, or strategic decision is expected to unfold or achieve certain goals.

Psychological Contract

An unwritten commitment between employers and their employees that historically guaranteed job security and rewards for loyal service.

Job Security

The probability or likelihood that an individual will retain their job without the risk of becoming unemployed.

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